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MONEY

 |  4-minute read
Loan write-off, Loan default, Banking Fraud, Public sector banks

What poor recovery rate of NPAs says about public sector banks

An 80-90 per cent deficit in the recovery of bad loans for four years straight highlights connivance between banks and some 'preferred customers'.

MONEY

 |  4-minute read
Loan default, Banking Fraud, SWIFT, PNB fraud

How to avoid another loot like Punjab National Bank fraud

SWIFT must be linked to the core banking system so that scam don't go undetected for long.