Let PNB fraud not halt business lending: ASSOCHAM

Feb 25, 2018, at 09:17 pm

New Delhi, Feb 25 (IBNS): ASSOCHAM has cautioned against allowing the alleged fraud in the Punjab National Bank (PNB) to halt the entire system of corporate lending as demoralisation would set in among the top functionaries and employees of the state-owned banks, something the country can ill-afford at a time when the credit growth was about to recover and economy was set to grow at a higher pace.