National

February 15, 2018 1:48 PM

'Punjab National Bank detects $1.77 bn fraud; suspends 10 officers

Punjab National Bank said that it has detected a USD 1(point)77 billion scams in which billionaire jeweller Nirav Modi allegedly acquired fraudulent letters of undertaking from one of its branches for overseas credit from other Indian lenders. PNB has suspended 10 officers in this scam and referred ...

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