Fraud-hit Punjab National Bank is considering monetising its real estate assets, including a giant office space in New Delhi worth an estimated Rs 50 billion ($778.63 million), a bank source with direct knowledge of the matter told Reuters.
The bank was looking to expedite the process after it said this week it has been hit with a $1.
77 billion loan fraud, the biggest bank scam in the country's history.
The bank would look to sell assets through a tendering process. "We are in talks with interested parties," said.