Another bank fraud exposed: IDBI Bank discloses Rs 772 crore fraudulent loans, says report; shares plunge 3.5%
Another bank fraud exposed: IDBI Bank discloses Rs 772 crore fraudulent loans, says report; shares plunge 3.5% https://ift.tt/2IWiGfT
In yet another case of bank fraud, state-run lender IDBI Bank Limited on Tuesday disclosed that fraudulent loans worth Rs 772 crore ($118.8 million) were issued from five of its branches in Andhra Pradesh and Telangana, news agency Reuters reported.
In yet another case of bank fraud, state-run lender IDBI Bank Limited on Tuesday disclosed that fraudulent loans worth Rs 772 crore ($118.8 million) were issued from five of its branches in Andhra Pradesh and Telangana, news agency Reuters reported.
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