$1.8 Billion Fraud May Spread From One of India’s Biggest Banks

Posted on


  1. $1.8 Billion Fraud May Spread From One of India’s Biggest Banks  Bloomberg
  2. Indian bank PNB says detects $1.77 billion worth of fraudulent transactions  Reuters
  3. PNB Slumps 6% After Detection Of Fraudulent Transactions Worth $1.8 Billion  NDTV
  4. Full coverage



One of India s biggest banks has accused jeweler Nirav Modi who s dressed stars including Kate Winslet and Priyanka Chopra of involvement in a multi billion dollar fraud that could extend to other lenders, said people familiar with the matter. Punjab National Bank filed a complaint with the Central .India s second biggest state run bank said it has detected a $. billion fraud at a single branch in the nation s financial hub, the impact of which could extend to other lenders as well. Its shares plunged..NEW DELHI India s second biggest state run bank said it has detected a US$. billion fraud at a single branch in the nation s financial hub, .How the $. billion PNB fraud lasted years. Bloomberg|. Updated , . PM IST. Comments. PNB Reuters Trade finance operations at banks are one of the riskiest parts of the business. By Jeanette Rodrigues and Bhuma Shrivastava The story of how India s biggest bank fraud went undetected for seven .







Leave a Reply

Your email address will not be published. Required fields are marked *