February 15, 2018 4:39 PM

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All possible action will be taken in PNB fraud case: Financial Services Secretary

Financial Services Secretary Rajiv Kumar has said that all possible action will be taken in the PNB fraud case and nobody will be spared. <br/><br/>Speaking to media in New Delhi, Mr Kumar said, the scam is an isolated case of a single branch and the entire amount involved in fraud will be recovered. <br/><br/>He said, bank provisioning will be done as per bank norms and the bank has enough funds for the purpose. <br/><br/>Mr Kumar expressed hope that the case is not likely to escalate to other banks.

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