Three held as $1.8 billion fraud ripples through Indian banks
Aditya Kalra and Rajendra Jadhav, Reuters
Posted at Feb 18 09:30 AM
India's federal police detained two employees of Punjab National Bank, the state-run lender that says it has been the victim of a $1.77 billion fraud, in the first arrests in a fast-widening probe into the country's biggest-ever bank scam.
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