$1.8 Billion in India Bank Fraud Raises Fears of Ripple Effects

Letto da: Kristi Burns
Durata: 4 min
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Sintesi dell'editore

One of India’s largest commercial lenders said Wednesday that it had detected fraudulent transactions worth $1.77 billion at just one of its branches, raising concerns about the possible impact across the banking sector at a time when the country is struggling to meet its economic growth targets.

"$1.8 Billion in India Bank Fraud Raises Fears of Ripple Effects" is from the February 14, 2018 Business section of The New York Times. It was written by Maria Abi Habib and narrated by Kristi Burns.

©2017 The New York Times News Service Division of The New York Times Company (P)2017 Audible, Inc.

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