• Exclusive: Indian banks may take more than $3 billion hit from PNB fraud - tax department

    7 monthes ago - By Reuters

    NEW DELHI - Indian banks could take a hit of more than $3 billion from loans and corporate guarantees provided to diamond companies at the center of a massive alleged fraud at the state-run Punjab National Bank, the tax department has estimated.
    Read more ...

     

  • Exclusive: Indian banks may take more than $3 billion hit from PNB fraud - tax dept

    7 monthes ago - By Reuters

    NEW DELHI - Indian banks could take a hit of more than $3 billion from loans and corporate guarantees provided to diamond companies at the center of a massive alleged fraud at the state-run Punjab National Bank, the tax department has estimated.
    Read more ...