Winsome Group

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…

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…