{"id":283077,"date":"2019-07-18T07:08:09","date_gmt":"2019-07-18T07:08:09","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=283077"},"modified":"2019-07-18T07:08:09","modified_gmt":"2019-07-18T07:08:09","slug":"punjab-sind-bank-reports-about-rs-238cr-fraud-by-bhusan-power","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/punjab-sind-bank-reports-about-rs-238cr-fraud-by-bhusan-power\/","title":{"rendered":"Punjab &amp; Sind Bank reports about Rs 238cr fraud by Bhusan Power"},"content":{"rendered":"<p>New Delhi, Jul 17 () State-owned Punjab &amp; Sind Bank Wednesday reported over Rs 238 crore fraud by Bhushan Power and Steel, a third such instance after similar disclosures made by PNB and Allahabad Bank recently.<\/p>\n<p>&#8220;On the basis of forensic audit investigation findings and CBI filing FIR, on suo moto basis, against the company and its directors, alleging diversion of funds from banking system, a fraud of Rs 238.30 crore is being reported by bank to RBI.<\/p>\n<p>&#8220;In the accounts of the company (BPSL), bank has already made provisions amounting to Rs 189.35 crore, as per prudential norms,&#8221; Punjab &amp; Sind Bank (PSB) said in a regulatory filing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi, Jul 17 () State-owned Punjab &amp; Sind Bank Wednesday reported over Rs 238 crore fraud by Bhushan Power and Steel, a third such instance after similar disclosures made by PNB and Allahabad Bank recently. &#8220;On the basis of forensic audit investigation findings and CBI filing FIR, on suo moto basis, against the company and its directors, alleging diversion of funds from banking system, a fraud of Rs 238.30 crore is being reported by bank to RBI. &#8220;In the accounts of the company (BPSL), bank has already made provisions amounting to Rs 189.35 crore, as per prudential norms,&#8221; Punjab [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,246,137],"tags":[],"class_list":["post-283077","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=283077"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283077\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=283077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=283077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=283077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}