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Finance Minister Nirmala Sitharaman today said the NBFC crisis seems to have bottomed out and the Government along with the RBI will closely monitor the situation to ensure that the sector comes out of the wood. -Economic Times
In fresh trouble for Nirav Modi, the Pune bench of the debt recovery tribunal (DRT) has issued a recovery certificate and has directed the Nirav Modi to pay over Rs 7,200 crore to Punjab National Bank (PNB) and others. Today, the Pune bench of DRT, which also holds additional charge of Mumbai, passed an order in two cases filed by PNB. The presiding officer, Deepak Thakkar, has allowed the petitions filed by the PNB. -Economic Times
Punjab National Bank said today it has detected a fraud of more than Rs 3,800 crore by Bhushan Power & Steel Ltd (BPSL) and has reported it to the RBI. PNB said Bhushan Power & Steel Ltd misappropriated bank funds and manipulated its books of accounts to raise funds from consortium lender banks. -Economic Times
India’s foreign exchange (forex) reserves swelled by $1.262 billion to scale a fresh high of $427.678 billion in the week to June 28, boosted by higher foreign portfolio investments and a stable rupee, RBI data showed. -Business Line
Acting quickly on the government's second attempt to sell the financially-crippled Air India, its chief Ashwani Lohani has called a meeting of all the 13 unions Monday to discuss the terms of privatisation, according to sources. -Economic Times

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PNB fraud: Gokulnath Shetty says fraudulent LoUs issued since 2008: CBI

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Forex/Treasury Rates - BNP Paribas Vietnam

Sending money international $ Pnb forex trading - indore online

Sending money international $ Pnb forex trading - indore online

From Clerks to Forex Managers, PNB's Internal Probe Zeroes in on 54 Officials

Indian Financial Sector

PNB fraud: Gokulnath Shetty says fraudulent LoUs issued since 2008: CBI

BNP Paribas Produits de Bourse - YouTube