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A USD 2 billion fraud at Indias Punjab National Bank (PNB) may have been orchestrated by a few rogue employees, but it escaped detection because of widespread risk-control and monitoring lapses in many areas of the bank, the banks own internal probe has found.

PNB plans to sell non-core assets of over Rs 8,000 crore this fiscal

The bank has already sold some of the fixed assets and have realised Rs 400 crore from these assets.

15 Oct 2018 6:26 PM IST

Shares of Allahabad Bank closed 1.96 per cent down at Rs 87.70 on BSE.

Allahabad Bank to raise capital next fiscal

The bank is targeting to raise Rs 250 crore to Rs 300 crore by selling non-core assets, like properties.

15 March 2019 3:40 PM IST