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PNB reports Rs 270.57 cr loan fraud by Gupta Power Infrastructure
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....NB reports Rs 270.57 cr loan fraud by Gupta Power Infrastructure<BR>PTI News<BR>Dated:- 18-2-2025<BR>PTI<BR>New Delhi, Feb 18 (PTI) State-owned Punjab National Bank on Tuesday reported a fraud of Rs 2....
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....70.57 crore by Odisha-based Gupta Power Infrastructure Ltd to the Reserve Bank. Borrowal fraud of Rs 270.57 crore has been reported to the Reserve Bank of India (RBI) in non-performing asset (NPA) a....
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....ccount of Gupta Power Infrastructure Ltd, PNB said in a regulatory filing. The loan was given by Station Square branch of the bank in Bhubaneswar, it said. The bank has already made provisions amo....
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....unting to Rs 270.57 crore, according to prescribed prudential norms. For the December quarter, PNB posted more than two-fold jump in net profit to Rs 4,508 crore as against Rs 2,223 crore in the sam....
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....e quarter a year ago. The company's total income increased to Rs 34,752 crore from Rs 29,962 crore in the same period a year ago, PNB said in a regulatory filing. Interest income also rose to Rs 3....
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....1,340 crore from Rs 27,288 crore in the same quarter a year ago. On the asset quality front, the bank's gross non-performing assets ratio moderated to 4.09 per cent from 6.24 per cent a year ago. PT....
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....I DP TRB<BR> News - Press release - PIB....