PNB Detects Fraud Worth $1.7 Bn | India Development Debate | War Over NPAs

WATCH | Arun Jaitley’s Exclusive Interview►

Country’s second largest PSU Bank, Punjab National Bank, notified fraudulent transactions worth Rs 11,400 cr which is about 30% of the bank’s market cap. The disclosure has created ripples across the banking space, eroding the credibility of the bank and stoking concerns of poor governance. Stock tumbled over 10% witnessing the steepest fall since two years. PNB has suspended 10 officials in connection with jewellery designer Nirav Modi’s case. Watch this edition of India Development Debate as we discuss the war over NPAs of PNB. Listen in!

Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ►

Subscribe Now To Our Network Channels :-
Times Now :
The NewsHour Debate :

To Stay Updated Download the Times Now App :-
Android Google Play :
Apple App Store :

Social Media Links :-
Twitter –
Facebook –
G+ –
Website –

Leave a Comment