Punjab national bank scam

1. Punjab National
Bank Scam

2. Introduction
❖ Punjab National Bank was incorporated bank in the year 1895 in Lahore,
undivided India.
❖ The bank has been distinction of being the first Indian bank has been started solely
with Indian capital in the year 1940.
❖ The bank absorbed Bhagwan Das Bank, a scheduled bank located in Delhi circle.
❖ Punjab National Bank was nationalized in July 1969 along with 13 other banks.
❖ They acquired Hindustan commercial with added Hindustan 142 branches the
bank network.

3. ❖ Punjab national bank is an Indian
multinational banking and financial
service company.
❖ It is state owned corporation based in
New Delhi, India.
❖ The bank was founded in 1894 as of
31st march 2017.
❖ The bank has over 80 million
customers and 6937 branches and
10681 Atms across 764 cities .

4. Started in the year 2011
Detected in the year 2018

5. ❖ Nirav Modi : Nirav Modi is the owner of the Nirav Modi firm, Diamond RU.S.
,Stellar Diamond and Solar Exports and the prime accused in this scam.
❖ Ami Modi : Nirav Modi’s wife.
❖ Nishal Modi : Nirav Modi’s brother in law.
❖ Mehul Choksi : Mehul Choksi is the owner of Gitanjali Group and the
uncle of Nirav Modi.
❖ PNB Employees : Gokul Nath Shetty (retired deputy manager) , Manoj
Kharat (clerk).
PEOPLE INVOLVED IN THE SCAM

6. HOW DID PNB SCAM OCCUR?

9. Thank You