Virat Kohli will remain brand ambassador: PNB Bank

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Virat Kohli will remain brand ambassador: PNB Bank
Virat Kohli will remain brand ambassador: PNB Bank

New Delhi : Amid tough times surrounded by frauds and scams, the Punjab National Bank on Saturday clarified that Indian cricketer Virat Kohli will remain their brand ambassador.

The bank also denied reports that it has engaged audit firm PricewaterhouseCoopers (PwC) to investigate the Rs 11,400 crore fraud committed on the state-owned lender by diamond jeweller Nirav Modi and his associates.

The bank also clarified that no withdrawal limt has been imposed and normal banking activities are going on.

"Mr Virat Kohli is our brand ambassador," the bank said, denying media reports that he is going to discontinue his endorsement with the bank. "The same is again totally false and incorrect," it added.

The notice further clarified: "There are media reports that the bank has engaged PricewaterhouseCoopers (PwC) to conduct an investigation into the alleged fraud and PwC has been asked to gather evidence that can be used against Nirav Modi and his associates in the court. The news is totally incorrect."

The bank reiterated that the bank has the capacity and capability to handle the situation and protect the interest of the institution, customers and stakeholders.

(With inputs from IANS)