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

Credit: DNA- Published 4 days 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

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
2 days ago • Firstpost

The shares of Allahabad Bank closed 7.74 per cent lower on Monday after the bank during the weekend reported a Rs 1,774.82 crore fraud by the now-insolvent...
2 days ago • Sify

In reaction to the Rs 1,774.82 crore Bhushan Power & Steel Ltd (BPSL) fraud that Allahabad Bank reported in the weekend, its scrips fell by over 11 per cent...
3 days ago • Sify

Two days after the Punjab National Bank (PNB) said that it had been defrauded by Bhushan Power & Steel Ltd. (BPSL) to the tune of Rs 3,805.15 crore, its scrip...
1 week ago • Sify

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