Andhra Bank-scam

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Andhra Bank-scam - Total results - 2
Bank fraud: Three promoters of Diamond Power Infrastructure held in Rajasthan
Business

Bank fraud: Three promoters of Diamond Power Infrastructure held in Rajasthan

According to the CBI, the Diamond Power Infrastructure had fraudulently availed credit facilities from a consortium of 11 banks (both public and private) from 2008, leading to outstanding debt of Rs 2,654.40 crore as of 29 June, 2016

Andhra Bank shares fall 13 percent as ED files chargesheet against former director in alleged Rs 5,000 crore fraud
Business

Andhra Bank shares fall 13 percent as ED files chargesheet against former director in alleged Rs 5,000 crore fraud

Sterling Biotech took loans of over Rs 5,000 crore from a consortium led by Andhra Bank, which turned into non-performing assets