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Financial Times
India's central bank bans credit guarantees linked to alleged fraud
Financial Times
India's central bank has sparked fears of a trade finance squeeze by banning a form of credit guarantee widely used by importers and linked to the alleged $2bn fraud reported by Punjab National Bank. In an announcement late on Tuesday, the Reserve Bank ...
PNB fraud fallout: RBI scraps Letters of Undertaking systemThe News Minute
PNB fraud: Direct loan exposure of banks to Nirav Modi group firms could swell to Rs 3000 croreMoneycontrol.com
PNB fraud: Mehul Choksi, other accused may face life term if found guiltyEconomic Times
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