A- A A+
Last Updated : Aug 8 2020 3:11PM     Screen Reader Access
News Highlights
Plane crash at Kozhikode airport: Union Civil Aviation Minister arrives at crash site to take stock of situation            Rashtriya Swachhata Kendra to be inaugurated by PM in capital this evening            COVID -19 recovery rate improves to 68.32 per cent in country            Uttar Pradesh CM inaugurates dedicated 400 bed COVID hospital in Noida            India to host ICC Men’s T-20 World Cup next year; Women's T-20 postponed till 2022           

National News

Mar 06, 2018
7:39PM

PNB scam: CBI gets custody of Gitanjali Gems's vice president till March 17

The Central Bureau of Investigation on Tuesday arrested Vipul Chitalia, vice president of banking operations at the Gitanjali Group of Companies, in connection with the alleged scam involving the Punjab National Bank. 

After investigators called him the mastermind of the Rs 12,703-crore fraud, a special CBI court remanded him in the agency’s custody till March 17.

The CBI had detained Chitalia at Mumbai airport for questioning today. 

Meanwhile, senior officials from Axis Bank led by deputy managing director V Srinivasan today appeared before the Serious Fraud Investigation Office - SFIO in Mumbai. 

SFIO is investigating the case in which 5280 crore rupees of working capital was given to Mehul Choksi's Gitanjali Group by a consortium of 31 banks including Axis Bank. 

ICICI Bank, with a loan of Rs 405 crore, was a lead banker in this consortium; while Axis Bank had major exposure too. 

The SFIO, which is under the Corporate Affairs Ministry, has written to each of these banks which have either loaned money to the scam-tainted firms or extended any services.

Live Twitter Feed

Listen News

Morning News 8 (Aug) Midday News 8 (Aug) Evening News 7 (Aug) Hourly 8 (Aug) (1300hrs)
समाचार प्रभात 8 (Aug) दोपहर समाचार 8 (Aug) समाचार संध्या 7 (Aug) प्रति घंटा समाचार 8 (Aug) (1310hrs)
Khabarnama (Mor) 8 (Aug) Khabrein(Day) 8 (Aug) Khabrein(Eve) 7 (Aug)
Aaj Savere 8 (Aug) Parikrama 7 (Aug)

Listen Programs

Market Mantra 7 (Aug) Samayki 7 (Aug) Sports Scan 23 (Mar) Spotlight/News Analysis 7 (Aug) Samachar Darshan 22 (Mar) Radio Newsreel 21 (Mar)
    Public Speak

    Country wide 12 (Mar) Surkhiyon Mein 7 (Aug) Charcha Ka Vishai Ha 11 (Mar) Vaad-Samvaad 17 (Mar) Money Talk 17 (Mar) Current Affairs 6 (Mar) Sanskrit Saptahiki 8 (Aug)
  • Money Matters 22 (Mar)
  • International News 22 (Mar)
  • Press Review 23 (Mar)
  • From the States 23 (Mar)
  • Let's Connect 22 (Mar)
  • 360°- Ek Parivesh 23 (Mar)
  • Know Your Constitution 30 (Jan)
  • Ek Bharat Shreshta Bharat 22 (Mar)
  • Sanskriti Darshan 23 (Mar)
  • Fit India New India 23 (Mar)
  • Weather Report 21 (Mar)
  • North East Diaries 22 (Mar)
  • 150 Years of Bapu 22 (Mar)
  • Sector Specific Discussions 22 (Mar)