February 28, 2018 / 10:56 PM / a year ago

Breakingviews - Viewsroom: Fraud puts India's lenders on edge

A man leaves a Punjab National Bank ATM in New Delhi. REUTERS/Saumya Khandelwal

By Antony Currie and Jennifer Saba

NEW YORK (Reuters Breakingviews) - A $1.8 bln scam at Punjab National Bank comes just months after the government injected $32 bln to bail out 20-odd state-run financial institutions. The scandal may increase calls for them to be privatized. Elsewhere: Will Sky be the limit for Comcast, Disney or Fox?

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Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day. A global team of about 30 correspondents in New York, London, Hong Kong and other major cities provides expert analysis in real time.

Sign up for a free trial of our full service at https://www.breakingviews.com/trial and follow us on Twitter @Breakingviews and at www.breakingviews.com. All opinions expressed are those of the authors.

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