PNB reports Rs 2,434 crore borrowal fraud linked to former SREI promoters to RBI
Synopsis PNB has flagged a Rs 2,434 crore borrowal fraud to the RBI linked to former SREI group promoters. The bank has already taken 100% provisions on exposures to SEFL and SIFL, both resolved under CIRP. The disclosure came post-market hours on Friday. Listen to this article in summarized format Reuters PNB flags Rs 2,434