Run For Money: PNB Flags Rs 2,434 Crore Borrowal Fraud Linked To Former SREI Promoters
Last Updated:December 27, 2025, 04:28 IST The bank clarified that it has already made 100 per cent provisions for the entire outstanding amount The current fraud classification by PNB follows forensic audits—conducted by firms such as KPMG—that flagged irregularities including the siphoning of funds through “related-party transactions’ and the ‘evergreening’ of loans to mask non-performing…