Not Backing Out From Buying Bhushan Power But Anxious About Fraud Reports, JSW Tells NCLT
Last week, Allahabad Bank had reported fraud of over Rs 1,774 crore by Bhushan Power & Steel to the RBI. Earlier, PNB reported a fraud worth Rs 3,805.15 crore by BPSL by misappropriating bank funds and manipulating its books of accounts.