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29/03/2018

IDBI SCAM IN FIVE BRANCHES

Hyderabad, Vizag, March 29, (way2newstv.in):
IDBI scam in five branches. The banking scandals list has reached another point. This time, five branches of the Telugu state were drowned. There were about Rs 772 crore fraud in the five branches of Andhra Pradesh and Telangana states of IDBI Bank. The matter came to light after the audit held on Tuesday (March 27). Between 2009-2013, it has been found that fraudulent loans were made. Officials have identified some of the false certificates with the name of fish ponds and got loans. These loans were allocated by the bank's two officers. 


IDBI SCAM IN FIVE BRANCHES

One of them has already been found to have retired. IDBI staff complained to the CBI on the scam. Five complaints have been filed against various branches in Basheerbagh and Guntur district. Already the Punjab National Bank (PNB) has a charge of Rs 1300 crore and State Bank of India Rs. The banking sector is faced with criticism of the banking sector with a total fraud of Rs 1000 crore. The latest scandal has been a deterioration in the bank's reputation. On the other hand, the shares of the bank have fallen sharply due to the huge scandal in IDBI Bank. In the afternoon, IDBI share value fell by about 2.95 per cent in NSE. In the BSE, the Bank's share value was 2.89 per cent.

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