PNB reports $491 million DHFL loans as fraud
Economy

PNB reports $491 million DHFL loans as fraud

By Administrator_India Capital Sands Punjab National Bank said on Thursday it had reported loans made to Dewan Housing Finance Corporation Ltd worth 36.89 billion rupees ($491 million) to India’s central bank as “fraud.” Indian state-owned lender PNB, which was hit by a $2 billion fraud involving billionaire Nirav Modi in 2018, had already set aside […]