Bollywood actor Priyanka Chopra resigned as the ambassador for the product line of the famous jeweller Nirav Modi, according to the spokesperson for the actor, the ANI news agency reported.
PNB told to Mr Modi to come up with a concrete plan for the Rs. 11,300 crore that his companies had borrowed without following the right procedures. The loans, illegally granted by its own officials, landed India’s second-largest bank in a huge controversy.
Nirav Modi is currently being investigated for alleged fraud with Rs. 11,300 crores. The Punjab National Bank (PNB) tries to recover royalties from the jeweller.