Punjab National Bank

Bad Time For PNB, Now Data Breach Hits Thousand Debit & Credit Card Customers

by Askbanking February 22, 2018April 3, 2018 Banking News1 Comment

Seriously time is not running well for State run Public Sector Bank, Punjab National Bank (PNB). After Rs 11,400 crore Nirav Modi fraud, the cyber security firm has reported the data breach in the Debit and Credit card of Bank’s customers. The details of Debit & credit Card like names, expiry dates, Personal Identification Numbers and […]

Banking News

PNB Scam – How it Happened through Letters of Undertaking (LOU) ?

by Askbanking February 16, 2018March 11, 2018 Banking News4 Comments

11,500 Crore PNB Scams has hit the nation.Read – PNB Detected Rs 1.13 Lakh Crore Fraudulent Transactions ,How did this huge scam happened by single entity and regulator were not able to trace it for so long ? This scam is not just limited to Punjab National Bank rather other banks like Allahabad Bank, Axis Bank, […]

Banking News

PNB Detected Rs 1.13 Lakh Crore Fraudulent Transactions

by Askbanking February 14, 2018March 11, 2018 Banking News6 Comments

If this news is true, India’s biggest ever fraudulent transactions detected at one of the branch in Mumbai of State run Punjab National Bank. Fraudulent and unauthorized” transactions worth about Rs 1.13 lakh crore detected at one of its branches in Mumbai. PNB has accepted the frauds in a regulatory filing and informed that the transactions […]