FilingReader Intelligence
Punjab National Bank reports borrowal fraud of INR 270.57 crore
February 21, 2025 at 10:37 AM UTC•By FilingReader AI
Punjab National Bank (PNB) has disclosed a borrowal fraud of ₹270.57 crore in the non-performing asset (NPA) account of M/s Gupta Power Infrastructure Limited. The fraud has been reported to the Reserve Bank of India (RBI). The account is based at Bhubaneshwar branch. PNB has already made provisions amounting to ₹270.57 crore. The bank made the disclosure under Regulation 30 of the Securities and Exchange Board of India (SEBI) (LODR) Regulations, 2015.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:PNB•Bombay Stock Exchange
News Alerts
Get instant email alerts when Punjab National Bank publishes news
Free account required • Unsubscribe anytime