Saturday, February 12, 2022

CBI books ABG Shipyard, its directors over alleged Rs 22,842-crore fraud

State Bank of India has filed a complaint over the scam. It says the company owes it Rs 2,925 crore. The other banks include ICICI Bank (Rs 7,089 crore), IDBI Bank (Rs 3,634 crore), Bank of Baroda (Rs 1,614 crore), PNB (Rs 1,244 crore and IOB (Rs 1,228 crore).

source https://economictimes.indiatimes.com/industry/banking/finance/banking/cbi-books-abg-shipyard-its-directors-over-alleged-rs-22842-crore-fraud/articleshow/89525765.cms

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