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Fraud-hit PNB continues to slip

Aug 07, 2018 18:35 IST

Scam-hit PNB reported its second consecutive quarterly loss, with a Rs 940 crore loss in the March-June quarter. The bank reported its highest ever loss of Rs 13,417 crore last quarter. This comes on back of the multi-crore fraud involving Nirav Modi and Mehul Choksi.