India’s small businesses find credit in short supply after Punjab National Bank mega-fraud

May 16, 2018 4:42 PM

MUMBAI/NEW DELHI (REUTERS) – When a US$2 billion (S$2.6 billion) fraud at state-run Punjab National Bank (PNB) rocked India two months ago, Mr Chetan Hemani and other small business owners could have been forgiven for thinking “what’s that got to do with me?”

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