---
title: "How did the $1.77 billion Punjab National Bank fraud in the Mumbai branch take place?"  
description: "How did the $1.77 billion Punjab National Bank fraud in the Mumbai branch take place?"  
author: "nitya singh"  
published: 2018-03-11  
canonical: https://answers.mindstick.com/qa/40001/how-did-the-1-77-billion-punjab-national-bank-fraud-in-the-mumbai-branch-take-place  
category: "banking"  
tags: ["banking"]  
reading_time: 1 minute  

---

# How did the $1.77 billion Punjab National Bank fraud in the Mumbai branch take place?

How did the $1.77 billion Punjab [National Bank](https://answers.mindstick.com/qa/41097/what-were-the-effects-of-andrew-jacson-closing-the-national-bank-of-america-or-the-2nd-bank-of-america) fraud in the Mumbai branch take place?

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Original Source: https://answers.mindstick.com/qa/40001/how-did-the-1-77-billion-punjab-national-bank-fraud-in-the-mumbai-branch-take-place

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