Another PNB scam: After Nirav Modi, Rs 6.2 mn Mudra loan fraud reported

Senior branch manager at PNB's Barmer branch in Rajasthan dishonestly and fraudulently sanctioned, disbursed 26 Mudra loans

Punjab National Bank

After the ~114 bn fraud in PNB, jewellers fear lenders will seek higher collateral and most firms who take the debt route to grow are exhausted in terms of providing security

New Delhi
The Central Bureau of Investigation (CBI) has registered a fresh case related to fraudulent loans issued under Prime Minister Narendra Modi's flagship Micro Units Development and Refinance Agency (Mudra) scheme.

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First Published: Feb 24 2018 | 11:37 PM IST

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