You are using delaying tactics to gain time: PNB to Nirav
PNB has written to fraud-accused jeweller Nirav Modi saying that his alleged proposal to repay some amount is "vague and only an effort to gain time by adopting delaying tactics". The bank said the proposal lacked "bonafides, genuineness and even credibility". PNB further said, "The payment of the statutory dues and...salaries of your employees continues to be solely your obligation."