KM Financial Solutions | Top executives at India’s fraud-hit PNB misled central bank, police allege
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Top executives at India’s fraud-hit PNB misled central bank, police allege

Top executives at India’s fraud-hit PNB misled central bank, police allege

MUMBAI, May 21 (Reuters) – Senior executives at India’s
Punjab National Bank misled the central bank in late
2016 over the lender’s handling of the financial messaging
system and credit guarantees that were at the centre of a more
than $2 billion fraud, Indian police alleged in a charge sheet
filed in court.

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