Shares slump as banks still reel under PNB fallout

Mumbai, Feb 19 (ANI): Indian shares declined for a second straight session on Monday as state-run lenders fell further amid continued worries about the fallout from huge fraud reported by Punjab National Bank last week. A stock market expert Sunil Shah said there was a “crisis of confidence” in public sector banks among investors and predicted that the downfall of market will continue in the near future.

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