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KM Financial Solutions | EXPLAINER-How PNB says it fell victim to India’s biggest loan fraud
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EXPLAINER-How PNB says it fell victim to India’s biggest loan fraud

25 Feb EXPLAINER-How PNB says it fell victim to India’s biggest loan fraud

Posted at 09:26h in News by
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MUMBAI, Feb 26 (Reuters) – India’s Punjab National Bank
, the second-biggest state-run lender, stunned the
country’s financial sector this month when it announced it had
discovered an alleged fraud worth $1.8 billion at a single
branch in Mumbai.

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