HDFC Bank, which had also lent money to Altico, debited about Rs 200-210 crore from its account by using a general lien, ET reported on October 13 last year. Altico and Mashreq claimed that the money was transferred from the Rs 650 crore ECB that the non-banking finance company had availed of from the Middle East bank and kept at HDFC Bank.source https://economictimes.indiatimes.com/industry/banking/finance/banking/altico-capital-fallout-rbi-asks-hdfc-bank-to-pay-rs-210-crore-to-mashreq-bank/articleshow/77025073.cms
No comments:
Post a Comment