PNB seeks 1 year provisional relief from RBI for $2-bn loss
PNB has reportedly requested the RBI to provide it four quarters for making provisions against the $2-billion fraud by jewellers Nirav Modi and Mehul Choksi. Earlier, PNB had said it was digging into records to examine the magnitude of the fraud. The CBI on Wednesday filed a fresh FIR against Nirav for causing a loss of â¹321.88 crore to PNB. 