Tag: loan fraud
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As PNB reports over Rs 3,000 cr of DHFL loans fraud, share price slips 7%
On Friday, Punjab National Bank, India’s second largest lender saw 6.7% drop in its share price, which tumbled down to ₹34.60 on BSC as it reported its fourth loan fraud case in last three years. In its regulatory filing on Thursday, the state-run bank said that the fraud of ₹ 3,688.58 in the non-performing asset ...