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PNB reports Rs 2,434 crore borrowal fraud linked to former SREI promoters to RBI

Punjab National Bank on Friday reported a Rs 2,434 crore borrowal fraud linked to former SREI promoters to Reserve Bank of India. The borrower fraud related to SEFL stood at Rs 1,240.94 crore and the PSU bank has made 100% provision for the outstanding amount, the lender said in its filing to the exchanges.

26 Dec 2025 7:50 pm