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CBI files bank fraud case against IL&FS Energy Development over alleged ₹212 crore loss to Canara Bank: Details herePhoto: Mint Companies
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BUSINESSMint Companies · 6 hours agoLive

CBI files bank fraud case against IL&FS Energy Development over alleged ₹212 crore loss to Canara Bank: Details here

Reported by Mint Companies, not nibnow. We are not the publisher of this story, only the source is.

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WHAT HAPPENED

The CBI has registered a case against IL&FS Energy Development Company, its former managing director and other senior officials over an alleged ₹212.34 crore loss to Canara Bank. The FIR alleges that loan funds meant for renewable energy and infrastructure projects were diverted to other uses.

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