PNB scam is just 3 days of Indian banks' interest: BSE CEO
Talking about the â¹13,600-crore PNB scam, BSE CEO Ashishkumar Chauhan compared the amount to the â¹10,000-crore interest India's "solid" banking sector makes in just three days. "Effectively there is nothing there. It's fearmongering," he added. These kinds of scams give banks "enough ammunition" to take more money by charging higher for loans and giving less for deposits, Chauhan further said.