Nirav Modi flees to London, seeks political asylum

niravmodiNirav Modi has fled to the United Kingdom and is said to be seeking political asylum. The Financial Times while quoting British and Indian officials said the PNB fraud accused is currently in the UK.

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PNB scam: RBI says it would take supervisory action

The Reserve Bank of India which has undertaken an assessment of control systems at the scam-hit Punjab National Bank said that it would take appropriate supervisory action.

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