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PNB under pressure, but other banks stabilise after giant fraud shock

PNB under pressure, but other banks stabilise after giant fraud shock

Thu, Feb 15, 2018

Indian bank shares broadly recovered on Thursday a day after being hit by news of the country’s biggest ever bank fraud, although Punjab National Bank - the lender at the centre of a $1.77 billion scam - has lost a fifth of its market value.

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