Punjab & Sind Bank declares IL&FS account as fraud with Rs. 399.31 crore outstanding – Banking Finance

Punjab & Sind Bank has recently stated that rested huh declared its IL&FS NPA account with|with Rs. 399 crore outstanding loan as fraud ,|and|or is|or is hah explained he nyakumi to|to RBI.

The bank ,|and|or is|or is in thi regulatory filing said that the|the|every NPA account Infrastructure Leasing & Financial Units Ltd. with|with outstanding dues of Rs. 399.31 crore hah been declared as fraud.

“Further ,|and|or is|or currently the|the|every account yeah been almost provided for as per existing RBI norms,” rested added.

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