"Axis Bank has failed to invoke a Bank Guarantee issued by them on behalf of Aircel Group of Companies," DoT said.
Nifty fell below the key 10,400-mark and touched a low of 10,346.20, before ending down 50.75 points, or 0.49 per cent, at 10,360.15.
NTPC said it has raised USD 400 mn through issuance of medium term note in the international markets on March 12.
It is the sixth straight session of fall for the stock and has slumped 12.75 per cent since February 26.
Mehta appeared before the SFIO here after being summoned for recording his statement in connection with the Rs 12,636 crore fraud at the bank.
Shares of major private and public sector lenders slumped as much as 2.77 pc on the BSE after coming under heavy selling pressure amid fresh developments in the PNB scam.
Indian equities tumbled like nine- pins, with Sensex plummeting by about 430 points to end at a nearly three-week low of 33,317.
Chanda Kochhar andShikha Sharma have been summoned by an anti-fraud agency in the bank fraud case involving Nirav Modi and his partner and uncle Mehul Choksi.
The SFIO has approached other lenders which have exposure to the firms promoted by Nirav Modi and Mehul Choksi to help in the agency's probe into PNB scam.
Private sector lenders Axis Bank, Kotak Bank, Yes Bank, ICICI Bank, HDFC Bank fell as much as 1.44 per cent.
Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively
To add platform capabilities in the insurance segment which contributes 15% of total business
The Acquisition is expected to close within the next 3 months
Sells Essar Steel loan to Deutsche Bank
Has sold its $385 mn Foreign currency loan extended to Essar Steel
Bank has taken a 38% haircut
Rs 1600 cr is expected earnings to the bank from the deal
Economic Times Reports
To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn
The co is also in discussions to sell its residential and commercial projects in Chennai
To convene shareholder’s meet on 23rd March in regard to the proposed divestment
Gets Order Worth Rs 230 Cr From NTPC
To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators
Will help NTPC commission the 3x 660MW plant started 12years
Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI
The completion period for the project is 30 months