Allahabad Bank reports Rs 1,775 crore fraud by Bhushan Power & Steel

Credit: DNA- Published 1 week ago
Last week, PNB reported a fraud worth Rs 3,805.15 crore by the bankrupt steel company BPSL by misappropriating bank funds and manipulating its books of accounts
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Recent related news from verified sources

After Bhushan Power and Steel, SEL Manufacturing Ltd. (SELM) has defrauded the bank of Rs 688.27 crore.Allahabad Bank on Saturday informed the stock exchanges...
5 days ago • Sify

The state-owned bank Wednesday reported over Rs 238-crore fraud by Bhushan Power and Steel, a third such instance after similar disclosures made by PNB and...
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Allahabad Bank stock dropped 14.5 percent on Monday after the company reported a fraud of Rs 1,775 crore by Bhushan Power and Steel to the Reserve Bank of India
1 week ago • Firstpost

Allahabad Bank stock dropped 14.5 percent on Monday after the company reported a fraud of Rs 1,775 crore by Bhushan Power and Steel to the Reserve Bank of India
1 week ago • Firstpost

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