![](data:image/svg+xml;charset=utf-8,<svg height="125" width="738" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="600" width="800" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
The Indian state-owned Punjab National Bank, which is currently embroiled in a 114 billion rupee (US$1.77 billion) fraud case, the worst in India’s corporate history, has revealed the modus operandi of the fraudsters and warned other banks. The bank has also alleged that overseas branches of other Indian banks had overlooked Reserve Bank of India […]