Posted inIndiaMiddle EastSouth Asia

PNB scam: Exposure to other banks may top US$3 billion

India’s top investigation agency has sealed off a branch of the Punjab National Bank to assist their probe into the country’s biggest banking scam. The Central Bureau of Investigation (CBI) is looking into a scam involving state-owned Punjab National Bank (PNB) and jewellers Nirav Modi and his uncle Mehul Choksi. Investigators sealed off PNB’s Brady Road […]