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PNB Scam: SBI Hopes to Get its Dues Back
March 01, 2018
Rajnish Kumar, who is the chairman of public sector State Bank of India (SBI) said that he expects Punjab National Bank (PNB) to clear the dues amounting to Rs. 1,360 crores that are involved in the Nirav Modi fraud. He also said that he is confident that the issues of PNB with the other banks that were triggered by the scam will be sorted out soon.
Kumar said that as far as SBI’s exposure on PNB is concerned, the number is confirmed and shared with the bank.
