The Central Bureau of Investigation (CBI) has registered a case against five people, including promoters/directors of a private company, for allegedly causing a loss of about Rs 168.62 crore to IDBI bank.
CBI announced on Tuesday that it has filed a case against Guwahati-based Ghosh Brothers Automobiles and its promoters and directors in a Rs 168 crore bank fraud case.
The Insolvency Resolution Professional will also file an application on behalf of the CoC before the Supreme Court to seek additional 30 days until July 7 to complete the corporate insolvency process of the company.
Read more about S & P affirms BB/B ratings on IDBI Bank with negative outlook on Business Standard. S & P Global Ratings has affirmed BB long-term and B short-term foreign currency issuer credit ratings on IDBI Bank.It also affirmed BB programme rating on the senior unsecured notes under its medium-term notes (MTN) programme and then withdrew the