Non-bailable warrants have been issued for the two central figures in an alleged $2 billion scam at state-run Punjab National Bank (PNB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The scandal surrounding India’s state-run Punjab National Bank (PNB) is getting bigger — in fact, a source says it could hit the $2 billion mark. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Investors worldwide got quite a scare from India’s Punjab National Bank (PNB) with the announced discovery of $1.8 billion in fraudulent activity at one of its branches, according to Reuters reports. The bank said in a statement that “a few select account holders” appear to have...
March 20, 2019
Nirav Modi, an Indian jeweler accused of bank fraud to the tune of $2 billion, was denied bail in London, reported Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By […]
April 09, 2018
Non-bailable warrants have been issued for the two central figures in an alleged $2 billion scam at state-run Punjab National Bank (PNB). Get the Full Story Complete the form to...
March 07, 2018
The scandal surrounding India’s state-run Punjab National Bank (PNB) is getting bigger — in fact, a source says it could hit the $2 billion mark. Get the Full Story Complete...
February 14, 2018
Investors worldwide got quite a scare from India’s Punjab National Bank (PNB) with the announced discovery of $1.8 billion in fraudulent activity at one of its branches, according to Reuters...
