Reserve Bank Slaps Rs 2 Crore Penalty on PNB For Violating SWIFT Norms

The massive Rs 14,000-crore fraud perpetrated by billionaire jeweller Nirav Modi and his uncle Mehul Choksi at the PNB was a case of misuse of messsaging software SWIFT.

from Top Business News- News18.com https://ift.tt/2TAuzMu