Business Day


Indian bank says $1.8bn fraud could hit other banks
Business Day
The bank did not elaborate on what impact the fraud may have on its books and did not name the other lenders that could be hurt. PNB shares fell the most in a week on the news. "So far there is no clarity on impact on the lender's bottom line from this ...
$1.8 Billion Fraud May Spread From One of India's Biggest BanksBloomberg
PNB slips 8% as Mumbai branch detects over Rs 11000 cr fraud; investors lose Rs 3000 cr wealthMoneycontrol.com
Punjab National Bank reports fraud of US $1771.69mn, stock down 7%Indiainfoline
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