ABG Shipyard

The CBI on Wednesday arrested Rishi Kamlesh Agarwal, the founder of ABG Shipyard Limited, in connection with an alleged bank fraud of more than Rs 22,842 crore, officials said. The Central Bureau of Investigation (CBI) had booked Agarwal, a…

Number of fraud cases in private as well as public sector banks dropped to 118 in FY22 from 265 in 2020-21 Number of fraud cases in private as well as public sector banks dropped to 118 in FY22 from 265 in 2020-21 Frauds in the banking…

NEW DELHI: The Central Bureau of Investigation (CBI) on Thursday examined former chairman and managing director (CMD) of ABG Shipyard in connection with Rs 22,842 crore bank fraud case, news agency PTI reported. The CBI had booked ABG…

The Enforcement Directorate (ED) has registered a criminal case of money laundering against ABG Shipyard Ltd, its former promoters along others for allegedly cheating a consortium of banks of over ₹22,842 crore, reported news…

New Delhi: The ED has registered a criminal case of money laundering against ABG Shipyard Ltd, its former promoters along with others for allegedly cheating a consortium of banks of over Rs 22,842 crore, official sources said on Wednesday.…

Image Source : PTI ED files money laundering case against ABG Shipyard in bank loan fraud of nearly Rs 23,000 crore…

NEW DELHI: The ED has registered a criminal case of money laundering against ABG Shipyard Ltd, its former promoters along with others for allegedly cheating a consortium of banks of over Rs 22,842 crore, official sources said on Wednesday.…

Image Source : PTI Lookout circulars issued against directors of ABG Shipyard in nearly 23,000 crore fraud case…

NEW DELHI: Days after the Central Bureau of Investigation (CBI) booked ABG Shipyard, its former chairman and managing director Rishi Kamlesh Agarwal and others for allegedly cheating a consortium of two dozen lenders led by ICICI Bank, the…

Image Source : PTI The minister said normally banks take 52-56 months of time to detect such cases and initiate follow-up actions.…