India State Lender Plunges After Uncovering Fresh $554 Million Fraud

Jul 08 2019, 5:15 AMJul 08 2019, 6:01 AMJuly 08 2019, 5:15 AMJuly 08 2019, 6:01 AM

(Bloomberg) -- State lender Punjab National Bank paced losses in the Nifty Bank Index on Monday after it disclosed another incident of fraud amounting to 38 billion rupees ($554 million), roughly o...