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The Central Bureau of Investigation (CBI) has lodged a case against IL&FS Transportation Network Ltd and its directors on charges of defrauding 19 banks of Rs 6,524 crore between 2016 and 2018.IL&FS Transportation Network Ltd is a ...
The Central Bureau of Investigation (CBI) has registered an FIR against Ballarpur International Holdings (BIH) BV, a Netherlands-based enterprise, for an alleged banking scam amounting to Rs 151 crore, officials said on Saturday.
The Central Bureau of Investigation (CBI) registered an FIR against Ballarpur International Holdings (BIH) BV, a Netherlands-based enterprise, for an alleged banking scam amounting to Rs 151 crore, officials said on Saturday.
The Central Bureau of Investigation CBI has registered an FIR against Ballarpur International Holdings BIH BV, a Netherlands-based enterprise, for an alleged banking scam amounting to Rs 151 crore, officials said on Saturday.The company is promoted by Avantha International Assets BV and serves as a subsidiary of Ballarpur Industries Limited BILT, a paper manufacturing establishment under the Avantha Group promoted by Gautam Thapar that is facing a separate probe allegedly involving Yes Bank founder Rana Kapoor.Thapar and the Avantha group are not listed as accused in the FIR.
Canara Bank updates on alleged fraud by Transstroy India Ltd Posted On: 2020-12-19 10:24:57 (Time Zone: Arizona, USA) Canara Bank has announced regarding alleged fraud to the tune of Rs. 7926 Crore by M/s Transstroy India Ltd. The company was enjoying limits from various Banks under Multiple Banking Arrangement from 2001. Subsequently, a Consortium with Canara Bank as Leader with 13 other Banks was formed in 2013 and the total limit sanctioned was Rs.4765.70 Crore and the share of Canara Bank is only Rs.678.28 Crore. The account was declared as fraud and reported to RBI on 10.02.2020. Ca...