SBI recorded an increase in net profits along with a fall in NPAs during Q1 2024-25, with its board approving a ₹25,000 crore fundraising through bonds
The firm allegedly misappropriated a nationalised bank’s funds causing it to suffer financial losses. The irregularity took place in the bank’s Ghaziabad branch.
ICICI Bank granted six loans to Videocon group companies between June 2009 to October 2011. Later, these loans were restructured by a fresh loan of ₹1,730 crore. The account of Videocon was declared NPA on June 30, 2017, with an outstanding of ₹1,033 crores, the CBI chargesheet stated