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Punjab & Sind Bank declares IL&FS Tamil Nadu Power as fraud account; outstanding dues at Rs 148 cr – EQ Mag Pro

Public sector Punjab & Sind Bank (PSB) on Tuesday said it has declared bad asset IL&FS Tamil Nadu Power Company, with dues of over Rs 148 crore, as a fraud account and reported it to the Reserve Bank. As per the bank’s policy on determination and disclosures on material events, PSB said it has declared […]

SWELECT Energy to raise Rs 1.38 billion via debenture sales – EQ