Recently, a banking fraud was unearthed in India involving Nirav Modi and Mehul Chowksi. The banks involved were Punjab National Bank (PNB), Axis Bank, United Bank of India, IndusInd Bank, State Bank of India and UCO Bank, formerly United Commercial Bank.
Read Full story here -https://ambcrypto.com/blockchain-solution-avoid-traditional-banking-system-fraud-like-pnb-scam/
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