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Govt. denies news that Income Tax Department has estimated more than $3 billion loss to Indian Banks due to PNB fraud

Govt. denies news that Income Tax Department has estimated more than $3 billion loss to Indian Banks due to PNB fraud 

Finance Ministry has denied the news appearing in certain section of media that Tax Department has estimated that Indian banks could take a hit of more than $3 billion due to alleged fraud at PNB. According to the Ministry such news is false & factually incorrect.

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