PNB Fraud case: FIEO says banks should avoid knee-jerk ... Fraud case FIEO... · Auto Expo 2018...

9
2/21/2018 PNB Fraud case: FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express http://www.financialexpress.com/industry/pnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector/1073011/ 1/9 PRESENTING SPONSOR ASSOCIATE SPONSOR Home / Industry Recommended by Adda52 Win Rs. 10,000 every hour! Get Rs. 100 to Play Mansion Global Are ‘Micro-Mansions’ the Next Big Thing? Samsung Mobile Looking for a budget smartphone? Buy india.fitandhealth These 2 Vegetables Will Burn Your Arm and PNB Fraud case: FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector By: Sushruth Sunder | Updated: February 20, 2018 5:23 PM The trade promotion organisation FIEO said that it is important to treat the ongoing Nirav Modi scam as an independent case. (Image: Reuters) Nirav Modi PNB scam: RBI failed to police, but govt equally responsible - Here is why िही

Transcript of PNB Fraud case: FIEO says banks should avoid knee-jerk ... Fraud case FIEO... · Auto Expo 2018...

Page 1: PNB Fraud case: FIEO says banks should avoid knee-jerk ... Fraud case FIEO... · Auto Expo 2018 last day: Must visit this Valentines day, tickets, venue & how to reach by metro, bus

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 19

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These 2 Vegetables WillBurn Your Arm and

PNB Fraud case FIEO says banks should avoid knee-jerkreaction on gems and jewellery sectorBy Sushruth Sunder | Updated February 20 2018 523 PM

The trade promotionorganisation FIEO saidthat it is important totreat the ongoingNirav Modi scam as anindependent case(Image Reuters)

Nirav Modi PNB scam RBI failed to police but govt equally responsible - Here is why

िही

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 29

After billionaire diamond merchant Nirav Modi hoodwinked Indiarsquos second largest

lender PNB in an alleged scam to the tune of Rs 11400 crore the Federation of Indian

Export Organisations said that it was important to treat it as an independent case and

avoid any knee-jerk reaction as the sector is crucial for employment in the country

According to news reports the Gitanjali Group companies together owe more than Rs

7000 crore to around 35 banks which includes some of the large state-owned lenders as

well as major private sector banks This is believed to be over and above the

unrecovered credit through PNBrsquos secret letters of undertaking ldquoThese are isolated

cases Let us not blame the sectorrdquo Ajay Sahai of FIEO told ET Now adding that the banks

should have a fair assessment of the credit requirement of the sector and accordingly

lend

The FIEO says that it is imperative to employ experts as valuations of gems and jewellery

is difficult ldquoThe bankers should work closely with the industry The banks may open a

specialised branch in Surat and such places so that they can work closely with the

diamond valuationrdquo Ajay Sahai told the channel

The gems and jewellery industry has been under the scanner of late amid reports of

rampant lsquoround-trippingrsquo of diamond consignments from one market to another in a bid

to artificially inflate company balance sheets According to a report by Care Ratings the

share of the jewellery and gems industry in the total credit exposure of banks to

industries remained in the range of 25 to 3 in 2017

Apart from Gitanjali Gems and Nirav Modi case which involve the gems secotr and the

banks the Central Bureau of Investigation (CBI) had earlier registered six cases of

alleged fraud against Winsome Diamonds Group for allegedly siphoning off Rs 153044

crore through loans from Central Bank of India IDBI Bank and Vijaya Bank all three

being public sector banks

Calculate your income tax post budget 2018 through this Income Tax Calculator get

latest news on Budget 2018 and Auto Expo 2018 Like us on Facebook and follow us on

Twitter

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 39

AUTO EXPO 2018 NEWS

PROMOTED STORIES

Recommended by

Win Rs 10000 every hour GetRs 100 to Play NowAdda_52

5 stocks to buy post UnionBudget 20185paisa

These 2 Vegetables Will BurnYour Arm and Belly FatOvernightindiafitandhealth

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Auto Expo 2018 last day Must visit this Valentines day tickets venue amp how to reach by metro bus

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 49

AUTO EXPO 2018 VIDEOS

Top Sedans showcased at Auto Expo 2018 Toyota Yaris Honda Civic amp new Amaze to launch inIndia soon

Auto Expo 2018 Most powerful electric bikes amp scooters Emflux One TVS Creon UM Renegade Thorand more

AUTO EXPO 2018 PHOTOS

Auto Expo 2018 TVS Creon electricscooter concept in Images Features thatcan put any scooter to shame

Auto Expo 2018 TVS Zeppelin 220ccpower cruiser in Images Bajaj Avengerrsquosworst nightmare

New 2018 Maruti Suzuki Swift Review | Hits amp Misses Yamaha Fazer 25 Road Test Review | An FZ With FullClothing Or More

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 59

BUDGET 2018

2017 Mahindra Scorpio Facelift Review What Makes ThisMahindrarsquos Most Powerful Scorpio Yet

How this yearrsquos Union Budget reflects a great grip on and an understanding of the poormanrsquos budget

Union Budget opened gates for new learning this is how

Tax collection assumptions in Indiarsquos budget ambitious IMF

How implementation of Budget policies could result in increase in demand consumptionof consumer product goods by rural India

Budget 2018 KVIC chief Vinai Kumar Saxena expresses gratitude for 78 per cent increasein budgetary allocation

Budget 2018 allocation for OBC welfare hiked by 41 per cent says Thaawarchand Gehlot

Budget 2018 and affordable housing For homebuyers here is what has really happened

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 69

DONT MISS

Budget 2018 and Digital India Fintech companies eye massive opportunities in ArunJaitleyrsquos plans

Pump-priming infrastructure not enough Here is what must fire simultaneously in India

Reliance Jio has invested Rs 20000 crore in Uttar Pradesh Mukesh Ambani

PNB Rs 11400 crore scam Nirav Modi tells employees to look for other jobs as he canrsquot paydues

Who was Lokendra Singh BJP MLA from Bijnors Noorpur killed in Sitapur road accident

Good news for Priya Prakash Varrier SC stays FIR against Oru Adaar Love actress

Aam Aadmi Party crisis LIVE Updates AAP MLA Prakash Jarwal arrested Arvind Kejriwalsadviser detained too

Rupee drops 15 paise nears 65-mark against US dollar as Sensex trips from days high

Soon you will have a 13-digit mobile number here is why

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 79

BUSINESS GALLERY

TECHNOLOGY GALLERY

More content play for Reliance Jio as RIL picks up 5 stake in Eros 4 key takeaways

UP Investors Summit 2018 LIVE UPDATES Committed to set up an EV manufacturing plantin Uttar Pradesh says Anand Mahindra

Hospital expenses buring a hole in your pocket NPPA study claims hospitals makingprofits up to 1700 on drugs consumables

Mumbai-Delhi Rajdhani Express is now lsquoluxuriousrsquo 25 gorgeous images after makeoverunder Operation Swarn

MGM China opens $34 billion mega casino resort in Macau see images

List of chief ministers of India Chandrababu Naidu KC Rao Siddaramaiah in 10 richestCMs roll

Narendra Modi gulf tour Dubairsquos Burj Khalifa lights up in colour of Indian Flag PM getswarm welcome in Palestine see images

Eiffel Tower shuts down as blanket of snow covers Paris see gorgeous images

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 89

Falcon Heavy launch How Elon Muskrsquos SpaceX sent a car into space aboard worldrsquos mostpowerful rocket see pics

These big smartphones are coming in 2018 From Xiaomi Mi Mix 3 to Samsung Galaxy 9here is full list

NASA astronauts conduct first spacewalk of 2018 see pictures

From Call of Duty WWII GTA V to Star Wars Battlefront II here are the best selling gamesof 2017 list will startle you

Flipkart Republic Day sale Massive discounts on iPhone X Mi Mix 2 Redmi Note 4 more

The Express Group The Indian Express The Financial Express Loksatta Jansatta inUth Ramnath Goenka Awards

Privacy Policy Advertise with Us Contact Us Feedback

Copyright copy 2018 The Indian Express [P] Ltd All Rights Reserved

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 99

Page 2: PNB Fraud case: FIEO says banks should avoid knee-jerk ... Fraud case FIEO... · Auto Expo 2018 last day: Must visit this Valentines day, tickets, venue & how to reach by metro, bus

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 29

After billionaire diamond merchant Nirav Modi hoodwinked Indiarsquos second largest

lender PNB in an alleged scam to the tune of Rs 11400 crore the Federation of Indian

Export Organisations said that it was important to treat it as an independent case and

avoid any knee-jerk reaction as the sector is crucial for employment in the country

According to news reports the Gitanjali Group companies together owe more than Rs

7000 crore to around 35 banks which includes some of the large state-owned lenders as

well as major private sector banks This is believed to be over and above the

unrecovered credit through PNBrsquos secret letters of undertaking ldquoThese are isolated

cases Let us not blame the sectorrdquo Ajay Sahai of FIEO told ET Now adding that the banks

should have a fair assessment of the credit requirement of the sector and accordingly

lend

The FIEO says that it is imperative to employ experts as valuations of gems and jewellery

is difficult ldquoThe bankers should work closely with the industry The banks may open a

specialised branch in Surat and such places so that they can work closely with the

diamond valuationrdquo Ajay Sahai told the channel

The gems and jewellery industry has been under the scanner of late amid reports of

rampant lsquoround-trippingrsquo of diamond consignments from one market to another in a bid

to artificially inflate company balance sheets According to a report by Care Ratings the

share of the jewellery and gems industry in the total credit exposure of banks to

industries remained in the range of 25 to 3 in 2017

Apart from Gitanjali Gems and Nirav Modi case which involve the gems secotr and the

banks the Central Bureau of Investigation (CBI) had earlier registered six cases of

alleged fraud against Winsome Diamonds Group for allegedly siphoning off Rs 153044

crore through loans from Central Bank of India IDBI Bank and Vijaya Bank all three

being public sector banks

Calculate your income tax post budget 2018 through this Income Tax Calculator get

latest news on Budget 2018 and Auto Expo 2018 Like us on Facebook and follow us on

Twitter

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 39

AUTO EXPO 2018 NEWS

PROMOTED STORIES

Recommended by

Win Rs 10000 every hour GetRs 100 to Play NowAdda_52

5 stocks to buy post UnionBudget 20185paisa

These 2 Vegetables Will BurnYour Arm and Belly FatOvernightindiafitandhealth

Post Your CommentYour email address will not be published

SUBMIT

Your Comment

Characters Remaining 1000

SIGN-IN Facebook Google Plus

Captcha here

No Comments

Auto Expo 2018 last day Must visit this Valentines day tickets venue amp how to reach by metro bus

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 49

AUTO EXPO 2018 VIDEOS

Top Sedans showcased at Auto Expo 2018 Toyota Yaris Honda Civic amp new Amaze to launch inIndia soon

Auto Expo 2018 Most powerful electric bikes amp scooters Emflux One TVS Creon UM Renegade Thorand more

AUTO EXPO 2018 PHOTOS

Auto Expo 2018 TVS Creon electricscooter concept in Images Features thatcan put any scooter to shame

Auto Expo 2018 TVS Zeppelin 220ccpower cruiser in Images Bajaj Avengerrsquosworst nightmare

New 2018 Maruti Suzuki Swift Review | Hits amp Misses Yamaha Fazer 25 Road Test Review | An FZ With FullClothing Or More

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 59

BUDGET 2018

2017 Mahindra Scorpio Facelift Review What Makes ThisMahindrarsquos Most Powerful Scorpio Yet

How this yearrsquos Union Budget reflects a great grip on and an understanding of the poormanrsquos budget

Union Budget opened gates for new learning this is how

Tax collection assumptions in Indiarsquos budget ambitious IMF

How implementation of Budget policies could result in increase in demand consumptionof consumer product goods by rural India

Budget 2018 KVIC chief Vinai Kumar Saxena expresses gratitude for 78 per cent increasein budgetary allocation

Budget 2018 allocation for OBC welfare hiked by 41 per cent says Thaawarchand Gehlot

Budget 2018 and affordable housing For homebuyers here is what has really happened

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 69

DONT MISS

Budget 2018 and Digital India Fintech companies eye massive opportunities in ArunJaitleyrsquos plans

Pump-priming infrastructure not enough Here is what must fire simultaneously in India

Reliance Jio has invested Rs 20000 crore in Uttar Pradesh Mukesh Ambani

PNB Rs 11400 crore scam Nirav Modi tells employees to look for other jobs as he canrsquot paydues

Who was Lokendra Singh BJP MLA from Bijnors Noorpur killed in Sitapur road accident

Good news for Priya Prakash Varrier SC stays FIR against Oru Adaar Love actress

Aam Aadmi Party crisis LIVE Updates AAP MLA Prakash Jarwal arrested Arvind Kejriwalsadviser detained too

Rupee drops 15 paise nears 65-mark against US dollar as Sensex trips from days high

Soon you will have a 13-digit mobile number here is why

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 79

BUSINESS GALLERY

TECHNOLOGY GALLERY

More content play for Reliance Jio as RIL picks up 5 stake in Eros 4 key takeaways

UP Investors Summit 2018 LIVE UPDATES Committed to set up an EV manufacturing plantin Uttar Pradesh says Anand Mahindra

Hospital expenses buring a hole in your pocket NPPA study claims hospitals makingprofits up to 1700 on drugs consumables

Mumbai-Delhi Rajdhani Express is now lsquoluxuriousrsquo 25 gorgeous images after makeoverunder Operation Swarn

MGM China opens $34 billion mega casino resort in Macau see images

List of chief ministers of India Chandrababu Naidu KC Rao Siddaramaiah in 10 richestCMs roll

Narendra Modi gulf tour Dubairsquos Burj Khalifa lights up in colour of Indian Flag PM getswarm welcome in Palestine see images

Eiffel Tower shuts down as blanket of snow covers Paris see gorgeous images

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 89

Falcon Heavy launch How Elon Muskrsquos SpaceX sent a car into space aboard worldrsquos mostpowerful rocket see pics

These big smartphones are coming in 2018 From Xiaomi Mi Mix 3 to Samsung Galaxy 9here is full list

NASA astronauts conduct first spacewalk of 2018 see pictures

From Call of Duty WWII GTA V to Star Wars Battlefront II here are the best selling gamesof 2017 list will startle you

Flipkart Republic Day sale Massive discounts on iPhone X Mi Mix 2 Redmi Note 4 more

The Express Group The Indian Express The Financial Express Loksatta Jansatta inUth Ramnath Goenka Awards

Privacy Policy Advertise with Us Contact Us Feedback

Copyright copy 2018 The Indian Express [P] Ltd All Rights Reserved

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 99

Page 3: PNB Fraud case: FIEO says banks should avoid knee-jerk ... Fraud case FIEO... · Auto Expo 2018 last day: Must visit this Valentines day, tickets, venue & how to reach by metro, bus

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 39

AUTO EXPO 2018 NEWS

PROMOTED STORIES

Recommended by

Win Rs 10000 every hour GetRs 100 to Play NowAdda_52

5 stocks to buy post UnionBudget 20185paisa

These 2 Vegetables Will BurnYour Arm and Belly FatOvernightindiafitandhealth

Post Your CommentYour email address will not be published

SUBMIT

Your Comment

Characters Remaining 1000

SIGN-IN Facebook Google Plus

Captcha here

No Comments

Auto Expo 2018 last day Must visit this Valentines day tickets venue amp how to reach by metro bus

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 49

AUTO EXPO 2018 VIDEOS

Top Sedans showcased at Auto Expo 2018 Toyota Yaris Honda Civic amp new Amaze to launch inIndia soon

Auto Expo 2018 Most powerful electric bikes amp scooters Emflux One TVS Creon UM Renegade Thorand more

AUTO EXPO 2018 PHOTOS

Auto Expo 2018 TVS Creon electricscooter concept in Images Features thatcan put any scooter to shame

Auto Expo 2018 TVS Zeppelin 220ccpower cruiser in Images Bajaj Avengerrsquosworst nightmare

New 2018 Maruti Suzuki Swift Review | Hits amp Misses Yamaha Fazer 25 Road Test Review | An FZ With FullClothing Or More

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 59

BUDGET 2018

2017 Mahindra Scorpio Facelift Review What Makes ThisMahindrarsquos Most Powerful Scorpio Yet

How this yearrsquos Union Budget reflects a great grip on and an understanding of the poormanrsquos budget

Union Budget opened gates for new learning this is how

Tax collection assumptions in Indiarsquos budget ambitious IMF

How implementation of Budget policies could result in increase in demand consumptionof consumer product goods by rural India

Budget 2018 KVIC chief Vinai Kumar Saxena expresses gratitude for 78 per cent increasein budgetary allocation

Budget 2018 allocation for OBC welfare hiked by 41 per cent says Thaawarchand Gehlot

Budget 2018 and affordable housing For homebuyers here is what has really happened

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 69

DONT MISS

Budget 2018 and Digital India Fintech companies eye massive opportunities in ArunJaitleyrsquos plans

Pump-priming infrastructure not enough Here is what must fire simultaneously in India

Reliance Jio has invested Rs 20000 crore in Uttar Pradesh Mukesh Ambani

PNB Rs 11400 crore scam Nirav Modi tells employees to look for other jobs as he canrsquot paydues

Who was Lokendra Singh BJP MLA from Bijnors Noorpur killed in Sitapur road accident

Good news for Priya Prakash Varrier SC stays FIR against Oru Adaar Love actress

Aam Aadmi Party crisis LIVE Updates AAP MLA Prakash Jarwal arrested Arvind Kejriwalsadviser detained too

Rupee drops 15 paise nears 65-mark against US dollar as Sensex trips from days high

Soon you will have a 13-digit mobile number here is why

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 79

BUSINESS GALLERY

TECHNOLOGY GALLERY

More content play for Reliance Jio as RIL picks up 5 stake in Eros 4 key takeaways

UP Investors Summit 2018 LIVE UPDATES Committed to set up an EV manufacturing plantin Uttar Pradesh says Anand Mahindra

Hospital expenses buring a hole in your pocket NPPA study claims hospitals makingprofits up to 1700 on drugs consumables

Mumbai-Delhi Rajdhani Express is now lsquoluxuriousrsquo 25 gorgeous images after makeoverunder Operation Swarn

MGM China opens $34 billion mega casino resort in Macau see images

List of chief ministers of India Chandrababu Naidu KC Rao Siddaramaiah in 10 richestCMs roll

Narendra Modi gulf tour Dubairsquos Burj Khalifa lights up in colour of Indian Flag PM getswarm welcome in Palestine see images

Eiffel Tower shuts down as blanket of snow covers Paris see gorgeous images

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 89

Falcon Heavy launch How Elon Muskrsquos SpaceX sent a car into space aboard worldrsquos mostpowerful rocket see pics

These big smartphones are coming in 2018 From Xiaomi Mi Mix 3 to Samsung Galaxy 9here is full list

NASA astronauts conduct first spacewalk of 2018 see pictures

From Call of Duty WWII GTA V to Star Wars Battlefront II here are the best selling gamesof 2017 list will startle you

Flipkart Republic Day sale Massive discounts on iPhone X Mi Mix 2 Redmi Note 4 more

The Express Group The Indian Express The Financial Express Loksatta Jansatta inUth Ramnath Goenka Awards

Privacy Policy Advertise with Us Contact Us Feedback

Copyright copy 2018 The Indian Express [P] Ltd All Rights Reserved

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 99

Page 4: PNB Fraud case: FIEO says banks should avoid knee-jerk ... Fraud case FIEO... · Auto Expo 2018 last day: Must visit this Valentines day, tickets, venue & how to reach by metro, bus

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 49

AUTO EXPO 2018 VIDEOS

Top Sedans showcased at Auto Expo 2018 Toyota Yaris Honda Civic amp new Amaze to launch inIndia soon

Auto Expo 2018 Most powerful electric bikes amp scooters Emflux One TVS Creon UM Renegade Thorand more

AUTO EXPO 2018 PHOTOS

Auto Expo 2018 TVS Creon electricscooter concept in Images Features thatcan put any scooter to shame

Auto Expo 2018 TVS Zeppelin 220ccpower cruiser in Images Bajaj Avengerrsquosworst nightmare

New 2018 Maruti Suzuki Swift Review | Hits amp Misses Yamaha Fazer 25 Road Test Review | An FZ With FullClothing Or More

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 59

BUDGET 2018

2017 Mahindra Scorpio Facelift Review What Makes ThisMahindrarsquos Most Powerful Scorpio Yet

How this yearrsquos Union Budget reflects a great grip on and an understanding of the poormanrsquos budget

Union Budget opened gates for new learning this is how

Tax collection assumptions in Indiarsquos budget ambitious IMF

How implementation of Budget policies could result in increase in demand consumptionof consumer product goods by rural India

Budget 2018 KVIC chief Vinai Kumar Saxena expresses gratitude for 78 per cent increasein budgetary allocation

Budget 2018 allocation for OBC welfare hiked by 41 per cent says Thaawarchand Gehlot

Budget 2018 and affordable housing For homebuyers here is what has really happened

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 69

DONT MISS

Budget 2018 and Digital India Fintech companies eye massive opportunities in ArunJaitleyrsquos plans

Pump-priming infrastructure not enough Here is what must fire simultaneously in India

Reliance Jio has invested Rs 20000 crore in Uttar Pradesh Mukesh Ambani

PNB Rs 11400 crore scam Nirav Modi tells employees to look for other jobs as he canrsquot paydues

Who was Lokendra Singh BJP MLA from Bijnors Noorpur killed in Sitapur road accident

Good news for Priya Prakash Varrier SC stays FIR against Oru Adaar Love actress

Aam Aadmi Party crisis LIVE Updates AAP MLA Prakash Jarwal arrested Arvind Kejriwalsadviser detained too

Rupee drops 15 paise nears 65-mark against US dollar as Sensex trips from days high

Soon you will have a 13-digit mobile number here is why

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 79

BUSINESS GALLERY

TECHNOLOGY GALLERY

More content play for Reliance Jio as RIL picks up 5 stake in Eros 4 key takeaways

UP Investors Summit 2018 LIVE UPDATES Committed to set up an EV manufacturing plantin Uttar Pradesh says Anand Mahindra

Hospital expenses buring a hole in your pocket NPPA study claims hospitals makingprofits up to 1700 on drugs consumables

Mumbai-Delhi Rajdhani Express is now lsquoluxuriousrsquo 25 gorgeous images after makeoverunder Operation Swarn

MGM China opens $34 billion mega casino resort in Macau see images

List of chief ministers of India Chandrababu Naidu KC Rao Siddaramaiah in 10 richestCMs roll

Narendra Modi gulf tour Dubairsquos Burj Khalifa lights up in colour of Indian Flag PM getswarm welcome in Palestine see images

Eiffel Tower shuts down as blanket of snow covers Paris see gorgeous images

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 89

Falcon Heavy launch How Elon Muskrsquos SpaceX sent a car into space aboard worldrsquos mostpowerful rocket see pics

These big smartphones are coming in 2018 From Xiaomi Mi Mix 3 to Samsung Galaxy 9here is full list

NASA astronauts conduct first spacewalk of 2018 see pictures

From Call of Duty WWII GTA V to Star Wars Battlefront II here are the best selling gamesof 2017 list will startle you

Flipkart Republic Day sale Massive discounts on iPhone X Mi Mix 2 Redmi Note 4 more

The Express Group The Indian Express The Financial Express Loksatta Jansatta inUth Ramnath Goenka Awards

Privacy Policy Advertise with Us Contact Us Feedback

Copyright copy 2018 The Indian Express [P] Ltd All Rights Reserved

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 99

Page 5: PNB Fraud case: FIEO says banks should avoid knee-jerk ... Fraud case FIEO... · Auto Expo 2018 last day: Must visit this Valentines day, tickets, venue & how to reach by metro, bus

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 59

BUDGET 2018

2017 Mahindra Scorpio Facelift Review What Makes ThisMahindrarsquos Most Powerful Scorpio Yet

How this yearrsquos Union Budget reflects a great grip on and an understanding of the poormanrsquos budget

Union Budget opened gates for new learning this is how

Tax collection assumptions in Indiarsquos budget ambitious IMF

How implementation of Budget policies could result in increase in demand consumptionof consumer product goods by rural India

Budget 2018 KVIC chief Vinai Kumar Saxena expresses gratitude for 78 per cent increasein budgetary allocation

Budget 2018 allocation for OBC welfare hiked by 41 per cent says Thaawarchand Gehlot

Budget 2018 and affordable housing For homebuyers here is what has really happened

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 69

DONT MISS

Budget 2018 and Digital India Fintech companies eye massive opportunities in ArunJaitleyrsquos plans

Pump-priming infrastructure not enough Here is what must fire simultaneously in India

Reliance Jio has invested Rs 20000 crore in Uttar Pradesh Mukesh Ambani

PNB Rs 11400 crore scam Nirav Modi tells employees to look for other jobs as he canrsquot paydues

Who was Lokendra Singh BJP MLA from Bijnors Noorpur killed in Sitapur road accident

Good news for Priya Prakash Varrier SC stays FIR against Oru Adaar Love actress

Aam Aadmi Party crisis LIVE Updates AAP MLA Prakash Jarwal arrested Arvind Kejriwalsadviser detained too

Rupee drops 15 paise nears 65-mark against US dollar as Sensex trips from days high

Soon you will have a 13-digit mobile number here is why

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 79

BUSINESS GALLERY

TECHNOLOGY GALLERY

More content play for Reliance Jio as RIL picks up 5 stake in Eros 4 key takeaways

UP Investors Summit 2018 LIVE UPDATES Committed to set up an EV manufacturing plantin Uttar Pradesh says Anand Mahindra

Hospital expenses buring a hole in your pocket NPPA study claims hospitals makingprofits up to 1700 on drugs consumables

Mumbai-Delhi Rajdhani Express is now lsquoluxuriousrsquo 25 gorgeous images after makeoverunder Operation Swarn

MGM China opens $34 billion mega casino resort in Macau see images

List of chief ministers of India Chandrababu Naidu KC Rao Siddaramaiah in 10 richestCMs roll

Narendra Modi gulf tour Dubairsquos Burj Khalifa lights up in colour of Indian Flag PM getswarm welcome in Palestine see images

Eiffel Tower shuts down as blanket of snow covers Paris see gorgeous images

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 89

Falcon Heavy launch How Elon Muskrsquos SpaceX sent a car into space aboard worldrsquos mostpowerful rocket see pics

These big smartphones are coming in 2018 From Xiaomi Mi Mix 3 to Samsung Galaxy 9here is full list

NASA astronauts conduct first spacewalk of 2018 see pictures

From Call of Duty WWII GTA V to Star Wars Battlefront II here are the best selling gamesof 2017 list will startle you

Flipkart Republic Day sale Massive discounts on iPhone X Mi Mix 2 Redmi Note 4 more

The Express Group The Indian Express The Financial Express Loksatta Jansatta inUth Ramnath Goenka Awards

Privacy Policy Advertise with Us Contact Us Feedback

Copyright copy 2018 The Indian Express [P] Ltd All Rights Reserved

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 99

Page 6: PNB Fraud case: FIEO says banks should avoid knee-jerk ... Fraud case FIEO... · Auto Expo 2018 last day: Must visit this Valentines day, tickets, venue & how to reach by metro, bus

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 69

DONT MISS

Budget 2018 and Digital India Fintech companies eye massive opportunities in ArunJaitleyrsquos plans

Pump-priming infrastructure not enough Here is what must fire simultaneously in India

Reliance Jio has invested Rs 20000 crore in Uttar Pradesh Mukesh Ambani

PNB Rs 11400 crore scam Nirav Modi tells employees to look for other jobs as he canrsquot paydues

Who was Lokendra Singh BJP MLA from Bijnors Noorpur killed in Sitapur road accident

Good news for Priya Prakash Varrier SC stays FIR against Oru Adaar Love actress

Aam Aadmi Party crisis LIVE Updates AAP MLA Prakash Jarwal arrested Arvind Kejriwalsadviser detained too

Rupee drops 15 paise nears 65-mark against US dollar as Sensex trips from days high

Soon you will have a 13-digit mobile number here is why

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 79

BUSINESS GALLERY

TECHNOLOGY GALLERY

More content play for Reliance Jio as RIL picks up 5 stake in Eros 4 key takeaways

UP Investors Summit 2018 LIVE UPDATES Committed to set up an EV manufacturing plantin Uttar Pradesh says Anand Mahindra

Hospital expenses buring a hole in your pocket NPPA study claims hospitals makingprofits up to 1700 on drugs consumables

Mumbai-Delhi Rajdhani Express is now lsquoluxuriousrsquo 25 gorgeous images after makeoverunder Operation Swarn

MGM China opens $34 billion mega casino resort in Macau see images

List of chief ministers of India Chandrababu Naidu KC Rao Siddaramaiah in 10 richestCMs roll

Narendra Modi gulf tour Dubairsquos Burj Khalifa lights up in colour of Indian Flag PM getswarm welcome in Palestine see images

Eiffel Tower shuts down as blanket of snow covers Paris see gorgeous images

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 89

Falcon Heavy launch How Elon Muskrsquos SpaceX sent a car into space aboard worldrsquos mostpowerful rocket see pics

These big smartphones are coming in 2018 From Xiaomi Mi Mix 3 to Samsung Galaxy 9here is full list

NASA astronauts conduct first spacewalk of 2018 see pictures

From Call of Duty WWII GTA V to Star Wars Battlefront II here are the best selling gamesof 2017 list will startle you

Flipkart Republic Day sale Massive discounts on iPhone X Mi Mix 2 Redmi Note 4 more

The Express Group The Indian Express The Financial Express Loksatta Jansatta inUth Ramnath Goenka Awards

Privacy Policy Advertise with Us Contact Us Feedback

Copyright copy 2018 The Indian Express [P] Ltd All Rights Reserved

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 99

Page 7: PNB Fraud case: FIEO says banks should avoid knee-jerk ... Fraud case FIEO... · Auto Expo 2018 last day: Must visit this Valentines day, tickets, venue & how to reach by metro, bus

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 79

BUSINESS GALLERY

TECHNOLOGY GALLERY

More content play for Reliance Jio as RIL picks up 5 stake in Eros 4 key takeaways

UP Investors Summit 2018 LIVE UPDATES Committed to set up an EV manufacturing plantin Uttar Pradesh says Anand Mahindra

Hospital expenses buring a hole in your pocket NPPA study claims hospitals makingprofits up to 1700 on drugs consumables

Mumbai-Delhi Rajdhani Express is now lsquoluxuriousrsquo 25 gorgeous images after makeoverunder Operation Swarn

MGM China opens $34 billion mega casino resort in Macau see images

List of chief ministers of India Chandrababu Naidu KC Rao Siddaramaiah in 10 richestCMs roll

Narendra Modi gulf tour Dubairsquos Burj Khalifa lights up in colour of Indian Flag PM getswarm welcome in Palestine see images

Eiffel Tower shuts down as blanket of snow covers Paris see gorgeous images

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 89

Falcon Heavy launch How Elon Muskrsquos SpaceX sent a car into space aboard worldrsquos mostpowerful rocket see pics

These big smartphones are coming in 2018 From Xiaomi Mi Mix 3 to Samsung Galaxy 9here is full list

NASA astronauts conduct first spacewalk of 2018 see pictures

From Call of Duty WWII GTA V to Star Wars Battlefront II here are the best selling gamesof 2017 list will startle you

Flipkart Republic Day sale Massive discounts on iPhone X Mi Mix 2 Redmi Note 4 more

The Express Group The Indian Express The Financial Express Loksatta Jansatta inUth Ramnath Goenka Awards

Privacy Policy Advertise with Us Contact Us Feedback

Copyright copy 2018 The Indian Express [P] Ltd All Rights Reserved

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 99

Page 8: PNB Fraud case: FIEO says banks should avoid knee-jerk ... Fraud case FIEO... · Auto Expo 2018 last day: Must visit this Valentines day, tickets, venue & how to reach by metro, bus

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 89

Falcon Heavy launch How Elon Muskrsquos SpaceX sent a car into space aboard worldrsquos mostpowerful rocket see pics

These big smartphones are coming in 2018 From Xiaomi Mi Mix 3 to Samsung Galaxy 9here is full list

NASA astronauts conduct first spacewalk of 2018 see pictures

From Call of Duty WWII GTA V to Star Wars Battlefront II here are the best selling gamesof 2017 list will startle you

Flipkart Republic Day sale Massive discounts on iPhone X Mi Mix 2 Redmi Note 4 more

The Express Group The Indian Express The Financial Express Loksatta Jansatta inUth Ramnath Goenka Awards

Privacy Policy Advertise with Us Contact Us Feedback

Copyright copy 2018 The Indian Express [P] Ltd All Rights Reserved

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 99

Page 9: PNB Fraud case: FIEO says banks should avoid knee-jerk ... Fraud case FIEO... · Auto Expo 2018 last day: Must visit this Valentines day, tickets, venue & how to reach by metro, bus

2212018 PNB Fraud case FIEO says banks should avoid knee-jerk reaction on gems and jewellery sector - The Financial Express

httpwwwfinancialexpresscomindustrypnb-fraud-case-fieo-raises-concerns-over-knee-jerk-reaction-by-banks-on-gems-and-jewellery-sector1073011 99