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Nirav Modi swindled Punjab National Bank of 11,336 crores, about $1.5 billion by taking advantage of India's lax financial system. What are LoUs, nostro accounts and roll-overs and how they were misused. #niravmodipnb #pnbscam #pnb Bisbo’s earlier video on online scams: —————————————————————- Beware of online scams: • Beware of Online Scams Bisbo's other Business-related stories: --------------------------------------------------- Vijay Mallya’s Extradition: Will he be sent back to India? • Vijay Mallya’s Extradition and when he wil... McDonald's India's fight with partner Vikram Bakshi gets ugly: • McDonald's India's fight with Vikram Baksh... The Virat Kohli of tech...Infosys's Salil Parekh! • Infosys new innings with Salil Parekh Air India: Last chance to take off: • Air India's last chance to take off Baba Ramdev’s Patanjali: How a small home-grown is challenging the might of MNCs in India: • How Baba Ramdev’s Patanjali is challenging... Bisbo's Limerick: --------------------- Don't forget to watch Bisbo's Limerick at the end of each video, that neatly sums up the topic. Support us with as little as $2 a month or get your name featured in our videos: --------------------------------------------------------------------------------------------------------- / bisbo Follow #Bisbo on Twitter: -------------------------------- @BisboGo UPSC --------- Use this video to prepare for UPSC and civil services examinations.