$1.8 Billion in India Bank Fraud Raises Fears of Ripple Effects The scandal at Punjab National Bank, a state-controlled lender, risks drying up the loans small- and medium-size businesses need to power the country’s growth. Share: Facebook Twitter Google+ Stumble Digg Email ThisBlogThis!Share to XShare to Facebook Related Posts:For China’s Factories, a Weaker Currency Is a Double-Edged SwordEyewitness to America’s Longest War, After Others Have GoneIHT Retrospective Blog: 1892: A Bold Bank Robber in LondonAusterity? Not on This Saudi ItineraryRussian Airstrike in Syria Hits U.S. Allies by MistakeAfter Trump Win, Anti-Soros Forces Are Emboldened in Eastern Europe