N Delhi:  Punjab National Bank said the bank’s Rs 11,300 crore scam had started back in 2011 and it was detected on January 3 this year.

PNB) Managing Director (MD) Sunil Mehta on Thursday said have done surgery of the cancer which started three-year back.

He said the bank has initiated criminal action against its official.

Mehta said that the bank lodged a complaint with the CBI in January  following which it registered a FIR on the next day.

He said after FIR was registered , raids were conducted on involved groups and establishments,

PNB said  it’s a standalone case in just one branch