Punjab National Bank (PNB) has come across a suspected fraud involving one branch wherein certain irregularities have been observed on account of people risk. The matter involving Rs 280.70 crore based on preliminary investigation report stands reported to appropriate Regulatory & Investigating Authorities, and the detailed investigation is on.
PNB is one of the oldest banks in India having a virtual presence in every important center of the country. The Bank caters to a wide variety of audience through spectrum of services including corporate and personal banking, industrial finance, agricultural finance and international finance.
