Investigation National

Nirav Modi may spell the doom for India’s second largest Public Sector Bank Punjab National Bank, loots $1.77 billion fraud!

State Bank of India (SBI) has an exposure of $212 million linked to the fraud perpetrated at Punjab National Bank (PNB), SBI Chairman Rajnish Kumar said, adding that the exposure was mainly to PNB and that he did not see any liabilities accruing to SBI as a consequence of the fraud. “We do not have […]