In the wake of the Punjab National Bank (PNB) fraud, the government has sent a missive to public sector lenders. It instructs them to probe all NPA accounts over Rs 50 crore for possible fraud. Rashesh Shah on behalf of FICCI has written to the government asking for steps to be taken to ensure that investigations don't cripple lending and dampen business sentiments.
CNBC TV18
@moneycontrolcom
In the wake of the Punjab National Bank (PNB) fraud, the government has sent a missive to public sector lenders. It instructs them to probe all NPA accounts over Rs 50 crore for possible fraud.
Rashesh Shah on behalf of FICCI has written to the government asking for steps to be taken to ensure that investigations don't cripple lending and dampen business sentiments.
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