National Development Bank PLC (NDB) yesterday said that the preliminary forensic review conducted by Deloitte Touche Tohmatsu India LLP has identified suspicious transactions amounting to Rs. 13.58 ...

May 24 - Fitch Ratings has revised National Development Bank PLC's (NDB) Outlook to Negative from Stable. Its National Long-Term rating has been affirmed at 'AA(lka)'. Fitch has also affirmed NDB's ...

A control failure that began beneath the surface has now forced National Development Bank PLC (NDB) to confront a multi-billion-rupee fraud, testing both its governance framework and the broader ...

National Development Bank PLC (Bank) wishes to provide a further update on the previously disclosed fraud incident, with a clear assurance to customers and all stakeholders. The Bank reiterates, that ...

The National Development Bank PLC (NDB), in consultation with the Central Bank, will soon appoint an international firm to conduct a comprehensive forensic audit into the Rs 13.2 billion bank fraud, ...