Jan Man: Cost of Nirav Modi's jewellery collection would reach upto Rs 50 crore

While addressing a press conference Managing Director of Punjab National Bank Sunil Mehta said, "Mainly foreign branches of the Indian banks are involved in it barring one case. We have already initiated the legal process in the matter and have conducted a consortium meeting because both the companies are dealing with a large number of banks. Information to SEBI was given on time. We will not spare anybody, be it senior or junior."

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