India bans trade finance product at the heart of PNB fraud
14-03-18 / by Finbarr Bermingham
The Reserve Bank of India (RBI) has banned banks from using letters of undertaking (LOUs)...Tim Phillipps
India trade finance sector faces fallout of ‘astounding’ PNB fraud
08-03-18 / by Finbarr Bermingham
Weeks after the biggest fraud in the history of India’s financial industry was revealed, its...