#PNBFraud: Every 4 hours, 1 bank staffer held for fraud

On an average, at least one banker is caught and punished for involvement in fraud every four hours, an analysis of data compiled by the Reserve Bank of India has revealed. 

Between January 1, 2015 and March 31, 2017, as many as 5,200 officials of public sector banks have been punished for fraud.