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PNB Rs 11,000-crore fraud: Recurring scams can erode investor’s faith in banks; incident calls for stronger checks

Banking analysts and banking industry officials do not have any further details about the specifics of this particular fraud involving Punjab National Bank.

Punjab National Bank reports over Rs 11,000-cr fraudulent transactions; bank withholds names involved

PNB says it had reported deals to law enforcement agencies and would evaluate later whether it faces any liability arising out of it