A London court has issued an arrest warrant against jewellery designer Nirav Modi, the main accused in the $2 billion PNB fraud case, in response to an ED request for his extradition in a money laundering case, officials said Monday.
vijay mallya
What Crackdown? Bank Frauds Up 20% in 2 years
According to Deloitte Touche Tohmatsu India LLP, banking frauds have continued to rise over the past two years despite a recent crackdown.