After Moody’s now ICRA downgrades PNB rating; may enter RBI’s PCA framework

Two jewelers, Nirav Modi and Mehul Choksi fraud of more than Rs 14,356.84 crore has been reflected in the profits of Punjab National Bank in a very disappointing way.

http://www.zeebiz.com/companies/news-after-moody-s-now-icra-downgrades-pnb-rating-may-enter-rbi-s-pca-framework-48154