Friday, July 23, 2021

Indian Bank declares Lanco Infra, Basundhara Green Power as fraud a/cs with Rs 589 crore exposure

​​"We have to inform you that fully provided non-performing accounts have been declared as fraud and reported to RBI as per regulatory requirements," it said in an exchange filing.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/indian-bank-declares-lanco-infra-basundhara-green-power-as-fraud-a/cs-with-rs-589-crore-exposure/articleshow/84678827.cms

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