Besides PNB, Nirav Modi defrauded four other public sector banks, used fake invoices with inflated prices to swindle funds

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Recent developments suggest that state-owned Punjab National Bank (PNB) may have taken the largest hit of the massive fraud by fugitive diamantaire Nirav Modi but other banks too were targeted by one of the biggest banking swindler in India.

from Latest News India on Firstpost http://bit.ly/2FCIvmN
Yatish Yadav

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