{"id":427290,"date":"2021-07-24T11:36:49","date_gmt":"2021-07-24T06:06:49","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=427290"},"modified":"2021-07-24T11:36:49","modified_gmt":"2021-07-24T06:06:49","slug":"indian-bank-declares-lanco-infra-basundhara-green-power-as-fraud-accounts-with-rs-589-crore-exposure","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indian-bank-declares-lanco-infra-basundhara-green-power-as-fraud-accounts-with-rs-589-crore-exposure\/","title":{"rendered":"Indian Bank declares Lanco Infra, Basundhara Green Power as fraud accounts with Rs 589 crore exposure"},"content":{"rendered":"<p>NEW DELHI: State-owned Indian Bank on Friday, July 23, 2021 declared Lanco Infratech and Basundhara Green Power as fraud accounts with a total outstanding balance of over Rs 589 crore.<\/p>\n<p>&#8220;We have to inform you that fully provided non-performing accounts have been declared as fraud and reported to RBI as per regulatory requirements,&#8221; it said in an exchange filing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: State-owned Indian Bank on Friday, July 23, 2021 declared Lanco Infratech and Basundhara Green Power as fraud accounts with a total outstanding balance of over Rs 589 crore. &#8220;We have to inform you that fully provided non-performing accounts have been declared as fraud and reported to RBI as per regulatory requirements,&#8221; it said in an exchange filing.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,243,143],"tags":[],"class_list":["post-427290","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/427290","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=427290"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/427290\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=427290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=427290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=427290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}