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EXPLAINER-How PNB says it fell victim to India's biggest loan fraud MUMBAI, Feb 26 (Reuters) - India's Punjab National Bank , the second-biggest state-run lender, stunned the country's financial sector this month when it announced it had discovered an alleged fraud worth $1.8 billion at a single branch in Mumbai.
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Make Room OPEC, the UK Is Set to Become Net Crude Oil Exporter For all the talk of aging oil fields and shrinking production, the U.K. is about to achieve a surprising feat: it's on the brink of becoming a net crude oil exporter for the first time in 14 years.
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