Stay updated with breaking news from Devikac Sanghavi. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Banking circles describe it as the "second biggest" default of its kind notched by a diamond industry entity after the infamous Punjab National Bank scam of around Rs 14,000 crore involving Mehul Choksi and Nirav Modi - erupted in early 2018, shaking the country's banking industry.
In another stunner, a prominent diamantaire has allegedly defaulted repaying loans worth over a staggering Rs 6,710-crore to the government-backed private sector IDBI Bank Ltd, Mumbai, official sources said.The outstanding amount also comprises ...
In another stunner, a prominent diamantaire has allegedly defaulted repaying loans worth over a staggering Rs 6,710-crore to the government-backed private sector IDBI Bank Ltd, Mumbai, official sources said.
In another stunner, a prominent diamantaire has allegedly defaulted repaying loans worth over a staggering Rs 6,710-crore to the government-backed private sector IDBI Bank Ltd, Mumbai, official sources said.