PNB has been conducting a separate internal investigation into the fraud and has already suspended at least 21 officials. Photo: Abhijit Bhatlekar/MintNew Delhi: The Central Bureau of Investigation (CBI) will bring charges against senior bank officials on Monday following an investigation into the $2 billion fraud at Punjab National Bank (PNB), a police source told Reuters. The charge sheet will “likely” name senior Indian bank officials, the source said, without sharing further details. A court would later decide which charges should be faced by those accused in the case. The bank has been conducting a separate internal investigation into the fraud and has already suspended at least 21 officials.

Source: Mint May 14, 2018 06:45 UTC