After Karnataka halted transactions with SBI and PNB over alleged embezzlement of funds, both banks sought an amicable resolution. State and bank officials confirmed ongoing discussions, with a meeting scheduled in Bengaluru. SBI and PNB issued statements acknowledging the issue was still sub judice but expressed commitment to resolving the matter with the state government.
source https://timesofindia.indiatimes.com/india/sbi-pnb-seek-amicable-deal-with-karnataka-after-funds-row/articleshow/112552033.cms
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