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Almost a week after the Rs 11400 crore rupee fraud at the Punjab National Bank (PNB) came to light, the Finance Minister has broken his silence. Speaking at an event in Delhi, Arun Jaitley held the management of the bank, auditors and the regulator Reserve Bank of India (RBI) responsible for the fraud allegedly perpetrated by Nirav Modi and his associate companies. Almost a week after the Rs 11400 crore rupee fraud at the Punjab National Bank (PNB) came to light, the Finance Minister has broken his silence.

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