Bank of India & Punjab National Bank
6 shared events · Importance 3 · Last updated Mar 20, 2026
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Bank of India operates as a direct competitor to Punjab National Bank within the Indian public sector banking industry.
International
Bank of India: Bank of India successfully sued Nirav Modi in a separate commercial case in London, holding him liable for over USD 11.5 million under a personal guarantee for a loan to Firestar Diamond FZE.
Punjab National Bank: Punjab National Bank is the alleged victim of a multi-crore fraud case for which Nirav Modi is being extradited to India.
Jul 06, 2026 · 6 articles
Business
Bank of India: Bank of India>>> increased its workforce, aligning with other public sector banks in strengthening manpower for business growth and operational needs.
Punjab National Bank: Punjab National Bank>>> added employees, indicating its participation in the broader public sector banking trend of workforce expansion to meet operational demands.
Jun 11, 2026 · 6 articles
International
Bank of India: Obtained court order for Modi to pay $10.7 million in a separate loan case.
Punjab National Bank: Victim bank in the $2 billion loan scam; extradition may aid recovery efforts.
Jul 14, 2026 · 15 articles
Regulatory
Bank of India: Bank of India is one of the consortium banks that suffered losses due to the alleged fraud by Reliance Communications and has filed a separate complaint.
Mar 19, 2026 · 25 articles
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