Market Live: Sensex Falls 100 PTS, Nifty Breaks 10,400; PSU Banks Dip, IT Outshines

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Punjab National Bank (PNB) has told the police that it has uncovered additional exposure of about Rs 942.18 crore (USD 145.27 million) to Asmi Jewellery of Gitanjali Group in connection with a massive alleged fraud, according to a court filing by the Central Bureau of Investigation.

 

This takes the Delhi-based lender’s total exposure to one of country’s biggest banking frauds up to Rs 13,640 crore from the earlier estimate of Rs 12,700 crore.

 

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