PNB Flags ₹2,434 Crore SREI Loan Fraud to RBI: What the Exchange Filing Reveals, the KPMG Forensic Audit Trail, and What Happens Next
Punjab National Bank has reported a ₹2,434 crore “borrowal fraud” to the Reserve Bank of India, linking the case to the erstwhile promoters of two SREI Group entities—SREI Equipment Finance Ltd and SREI Infrastructure Finance Ltd—in a disclosure made to stock exchanges after market hours on Friday, December 26, 2025. The Economic Times+2NDTV Profit+2