PNB Shares Recover After Fall After It Reported Rs 2,434 Crore Loan Fraud
Mumbai: Shares of state-owned lender Punjab National Bank on Monday recovered after an earlier fall, after it reported a loan fraud of Rs 2,434 crore last week, allegedly committed by former promoters of SREI Equipment Finance Ltd (SEFL) and SREI Infrastructure Finance Ltd (SIFL). PNB’s shares had fallen as much as 3.1 per cent to…
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