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India's Punjab National Bank (PNB) is increasing its cybersecurity spending in response to growing risks posed by advanced AI models, including Anthropic's Mythos. This move reflects rising concerns over AI-related threats in the financial sector.
Three retired officials from Punjab National Bank (PNB) and five other individuals have been convicted in a case involving bank fraud.
A UK court has denied Nirav Modi a fresh attempt to appeal his extradition, leaning on India's assurances regarding his treatment, bringing him closer to facing charges for the Punjab National Bank fraud.
Analysts have provided stock market recommendations for May 5, 2026, with Lupin and KEI Industries suggested as buy calls, while Bharat Forge and Punjab National Bank are recommended as sell calls.
Appearing defiant in a London civil trial, Nirav Modi denied owing Bank of India over $10.7 million and accused Indian agencies CBI and ED of destroying his businesses, asserting no fraud against Punjab National Bank.
They have been accused of cheating Punjab National Bank and the erstwhile United Bank of India, since merged with PNB, causing a loss of over ₹1,085 crore, according to the FIR
The Chandigarh consumer Commission has found Punjab National Bank (PNB) liable for illegally closing a locker and ordered the bank to pay ₹1 crore in compensation.
The Delhi High Court has questioned the dismissal of a Punjab National Bank officer on his retirement day after 37 years of service, asking why only one officer was singled out.