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.

from Banking/Finance-Industry-Economic Times https://ift.tt/3qCKw66

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