Who is Nirav Modi: 10 things about the billionaire at the centre of PNB fraud

In what could be the biggest banking fraud in India, state-owned Punjab National Bank has said it has detected a USD 1.77 billion scam in which billionaire jeweller Nirav Modi allegedly acquired fraudulent letters of undertaking from one of its branches for overseas credit from other Indian lenders.

Feb 15, 2018, 16:49 PM IST