The Big Bank Scam: Indian Banks Vulnerable?
At the heart of the Nirav Modi fraud case is the shocking realisation that over Rs 11,000 crore was siphoned off over seven years without detection. But is this anything new? Does it expose the vulnerability of Indian banks? What was the RBI doing? Was such a scam even possible without the connivance of a larger group of people? (Video Courtesy: Youtube)
