Bhushan Power & Steel fraud: After PNB, Allahabad Bank reports misappropriation of funds

Days after Punjab National Bank (PNB) announced the detection of the Rs 3,805 crore fraud by Bhushan Power & Steel Ltd (BPSL), another public sector lender Allahabad Bank has reported misappropriation of funds by the private firm.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2l8ko6f