Post PNB scam- people are losing faith from banks

Megha Jain

Content Head

People’s faith from the banks has been shaken badly post the Nirav Modi and Mehul Choksi scam. Recently in an online survey, 50,000 people came up with various solutions that the banks could do to stop the bad loans and scams. 43% of those people think that corruption is ‘a norm’ in the public-sector banks while 41% thinks they don’t have any reliable alternatives.