India  
NewsR.in
> >

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

DNA Sunday, 14 July 2019 ()
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
0
shares
ShareTweetSavePostSend
 

You Might Like


Recent related videos from verified sources

Former Financial Manager Facing 18 Months In Prison [Video]Former Financial Manager Facing 18 Months In Prison

A former financial manager for the Steel Valley Authority has been sentenced for bank and mail fraud.

Credit: KDKA CBS 2 Pittsburgh     Duration: 00:27Published


Recent related news from verified sources

PNB reports Rs 3805 crore fraud by Bhushan Power & Steel

Another fraud, this time amounting to Rs 3,805.15 crore has been reported at the state-run Punjab National Bank (PNB), this time by the now-insolvent Bhushan...
Sify Also reported by •HinduReuters IndiaDNAFirstpostIndiaTimes

BPSL default: Punjab National Bank shares tank 11%

PNB said Bhushan Power & Steel Ltd. misappropriated bank funds and manipulated its books of accounts to raise funds from consortium lender banks
Hindu Also reported by •DNASify

Not backing out from buying Bhushan Power and Steel, but anxious about alleged fraud reports: JSW tells NCLT

JSW Steel on Monday told the National Company Law Tribunal that the company is not backing out from the ongoing resolution process of Bhushan Power & Steel...
Firstpost Also reported by •DNA

PNB tanks by 10% after another fraud case

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...
Sify Also reported by •Reuters IndiaDNAIndiaTimes

Other recent news in Front Page

ICC WORLD CUP and Wimbledon 2019 made July 14 an exciting oneCricket World Cup 2019 final: All those who watched should try to be Ben STOKES, says Morgan
Environmentally friendly: newsR is hosted on servers powered solely by renewable energy
© 2019 newsR Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest