New Delhi [India], Oct 12 (ANI): The Enforcement Directorate (ED) has attached immovable properties worth Rs 4,025.23 crore of Bhushan Power & Steel Limited (BPSL) in an alleged bank fraud case under the Prevention of Money Laundering Act, 2002 (PMLA).
Mumbai (Maharashtra) [India], July 18 (ANI): Government-owned Punjab & Sind Bank (PSB) has reported a Rs 238.3 crore fraud relating to allegations of diversion of funds by the indebted Bhushan Power & Steel Ltd (BPSL).
Mumbai (Maharashtra) [India], July 15 (ANI): Shares of government-owned Allahabad Bank slumped over 10 per cent in morning trade on Monday after the bank reported a fraud of Rs 1,775 crore by Bhushan Power and Steel Limited (BPSL) to the Reserve Bank of India (RBI).