The Great Bank Betrayal: Unpacking the Rs 13,500 Crore PNB Scam

Unknown Apr 02, 2026 650 Views

The Punjab National Bank (PNB) scam, one of India's largest financial frauds, shook the nation in 2018, exposing glaring loopholes in the banking system. The scam involved fraudulent Letters of Undertaking (LoUs) worth Rs 13,500 crore, orchestrated by luxury jewelry designer Nirav Modi and hi...