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

📅 Published: December 26, 2025 | 📂 Category: Uncategorized

PNB has flagged a Rs 2,434 crore borrowal fraud to the RBI linked to former SREI group promoters. The bank has already taken 100% provisions on exposures to SEFL and SIFL, both resolved under CIRP. The disclosure came post-market hours on Friday.

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