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Rs 22,842 cr ABG scam: ICICI, IDBI worst-hit; LIC sullied too

The sensational Rs 22,842 crore mega loan fraud allegedly perpetrated by the Gujarat-based ABG Shipyard Ltd (ABGSL) did not spare the IPO-bound Life Insurance Corporation of India (LIC) while the ICICI Bank and the IDBI Bank were the worst-hit .

Biggest Bank Fraud: THIS company cheats SBI, 27 banks of over Rs 22,842 crore

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