https://www.taxtmi.com/news?id=64084 Allegations concern diversion of borrowed funds and failure to meet credit conditions that led to the account being classified as a non-performing asset; a forensic review reportedly found mis apportionment of funds and transactions constituting diversion and siphoning, and the bank alleges fraudulent misappropriation of funds, manipulation of accounts and criminal breach of trust by erstwhile promoters/directors. en-us Tue, 09 Dec 2025 14:16:03 +0530 Tue, 09 Dec 2025 14:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=64084 Allegations concern diversion of borrowed funds and failure to meet credit conditions that led to the account being classified as a non-performing asset; a forensic review reportedly found mis apportionment of funds and transactions constituting diversion and siphoning, and the bank alleges fraudulent misappropriation of funds, manipulation of accounts and criminal breach of trust by erstwhile promoters/directors. News - Tue, 09 Dec 2025 14:16:03 +0530 https://www.taxtmi.com/news?id=64084