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Pnb bank
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What led to huge PNB fraud and how few rogue employees escaped detection

A $2 billion fraud at India’s 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 bank’s own internal probe has found. PNB, India’s second-biggest state-controlled lender, has previously alleged that a handful of

SENSEX, BSE, NSE, NIFTY
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Global cues, RIL, banks lift Sensex 261 pts amid rising trade war fears

The market recouped its losses seen in the previous session, following the recovery in its global counterparts on Wednesday amid heightened fears of trade war between the world’s largest two economies US and China.Index heavyweights Reliance Industries, HDFC and HDFC Bank aided rally in the market. The 30-share BSE Sensex gained 260.59 points at 35,547.33

trade war vis US China
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Trade war fears rattle American stock markets, Dow Jones gives up 2018 gains

U.S. stocks fell on Tuesday as a sharp escalation in the trade dispute between the United States and China rattled markets and put the Dow Jones Industrial Average back in negative territory for the year. President Donald Trump threatened to impose a 10 percent tariff on another $200 billion of Chinese goods, and Beijing warned