The role of three public sector lenders — State Bank of India, Punjab National Bank and Uco Bank — is under the scanner for allegedly issuing letters of credit based on the false documents. SFIO suspects that letters of credit (LC), a widely used instrument guaranteeing that a buyer’s payment will be received on time, of close to Rs 20,000 crore were opened using false documents on behalf of Bhushan Steel.
from Times of India http://bit.ly/2DM8Lbz
Post Top Ad
Responsive Ads Here
Friday, May 3, 2019
Bhushan Steel ex-CFO held, 3 banks under lens
Subscribe to:
Post Comments (Atom)
Post Bottom Ad
Responsive Ads Here
Author Details
Templatesyard is a blogger resources site is a provider of high quality blogger template with premium looking layout and robust design. The main mission of templatesyard is to provide the best quality blogger templates which are professionally designed and perfectlly seo optimized to deliver best result for your blog.
No comments:
Post a Comment