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Fitch on PNB

PNB fraud: Banks review HR strategy; BoI begins to seek update

PNB fraud: Banks review HR strategy; BoI begins to seek update

Tue, Feb 20, 2018

In the wake of Rs 11,000 crore fraud at Punjab National Bank, the biggest ever in the banking history, other banks have woken up to plug loopholes in the system. Several banks have reportedly started moving their officials holding same positions for more than three years.

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