PNB customers in Greater Noida lose Rs 35 crore
Customers of a Punjab National Bank branch in Greater Noida reportedly lost Rs 35 crore. Several bank employees, including the branch manager, have been suspended. The customers say they received no message and signed no document for the transactions.
ContextContext: Banking fraud has been a growing concern across India, and the Reserve Bank of India has repeatedly urged customers to guard their account details and OTPs. Cases like this usually lead to investigations into both staff conduct and how the transactions were approved.
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