PNB Detects Minor Scam in Clutch of $2 Billion Fraud, Asia News

PNB Detects Minor Scam in Clutch of  Billion Fraud, Asia News

PNB Faces Another Small Scam at Mumbai Branch

What Happened

Punjab National Bank (PNB) has reportedly spotted a little but still frustrating fraud incident at its Mumbai branch, which is already under the shadow of a massive $2 billion scheme.

How It Unfolds

The latest case involves a modest amount of roughly ₹91 million and centers on officials from a seemingly obscure outfit named Chandri Paper and Allied Products Pvt Ltd. The Central Bureau of Investigation (CBI) has filed the complaint on its website.

Reactions
  • PNB spokesperson: Silence for now (no comment yet).
  • Chandri Paper: Unresponsive (no comment could be located).
Why It Matters

Even though this scam pales in comparison to the colossal $2 billion fraud, it’s a reminder that vigilance is key at every branch. Each small ripples can eventually become bigger waves if left unchecked.