Friday, February 19, 2021

Karnataka Bank reports Rs 34.16-crore fraud to RBI

Private sector lender Karnataka Bank on Friday said it has reported to the RBI a fraud of about Rs 34.16 crore in credit facilities extended to IL&FS Transportation Networks, which is a dud account now.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/karnataka-bank-reports-rs-34-16-crore-fraud-to-rbi/articleshow/81112490.cms

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