PNB discloses additional â¹942cr exposure in fraud case
Punjab National Bank has disclosed an additional exposure of about â¹942 crore ($145 million) in the fraud probe involving Nirav Modi and Mehul Choksi, taking the total to over $2 billion. In a court filing, police said Choksi's Gitanjali Gems allegedly defrauded PNB of â¹7,080 crore. The bank had previously pegged its exposure to the Gitanjali companies at â¹6,138 crore.