PNB Fraud

CyberX9 is of the view that attackers may have even exploited the vulnerability in PNB’s server, and infiltrated into their systems. The Chandigarh-based cybersecurity firm CyberX9 has brought to light in its report, a vulnerability in…

Punjab National Bank Hit With Rs 3689 Crore Fraud; DHFL Was Given This Loan As per the reports, on Thursday, India’s second-largest state-run lender Punjab National Bank (PNB) reported a loan of Rs 3,688.58 crore granted to Dewan…

PNB Admits Scam of Rs. 3800 Crore The Punjab National Bank has had a massive stroke of bad luck, and the streak doesn't look like it will stop anytime soon. Yet again, the bank has found itself the victim of a huge fraud, of an amount…

There have been over 50,000 bank fraud cases hitting the Indian banks in the last 11 fiscal years. Right from big PSBs to small ones, private banks even international banks with their branches in India, these financial institutions…

The entire banking sector of India was stunned when PNB announced that they have been hit by a banking fraud to the tune of Rs 11,400 crore. Although banks have been facing issues of fraud since long, the magnitude of this PNB fraud was the…