Sunil Mehta: News
27 Jul 2018
United Forum of Bank UnionsState-run banks mull performance-linked pay for employees at the top
In a rare move, state-run banks State Bank of India (SBI), Punjab National Bank (PNB) and Bank of Baroda (BoB) are mulling a performance-linked salary structure for employees at the top.
10 Jun 2018
IndiaPSU banks suffer whopping Rs. 87,000cr loss in FY18
Losses of 19 government-run banks crossed a whopping Rs. 87,357cr in FY2017-18, topped by scam-tainted Punjab National Bank which took a hit of nearly Rs. 12,283cr.
25 Feb 2018
IndiaNirav Modi-scam: Property worth Rs. 523cr attached, PNB CEO questioned
Continuing its investigation into the Rs. 11,400cr PNB scam, the CBI yesterday questioned two top officials of the bank, including CEO and MD Sunil Mehta.
14 Feb 2018
IndiaPunjab National Bank reports Rs. 11,366cr fraud at Mumbai branch
India's second-biggest state-run lender Punjab National Bank (PNB) has reported a $1.7bn fraud (roughly Rs. 11,366cr) at a single Mumbai branch.
