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View Full Version : State-run banks see jump in loan fraud - The Hindu



FraudNews
05-07-2016, 08:11 PM
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The Hindu (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNES93O-OhOU8LdCoKPnpq-aWkM0UQ&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=20suV4iVBsu13gGBp73gAw&url=http://www.thehindu.com/business/Industry/staterun-banks-see-jump-in-loan-fraud/article8570480.ece)


State-run banks see jump in loan fraud (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNES93O-OhOU8LdCoKPnpq-aWkM0UQ&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=20suV4iVBsu13gGBp73gAw&url=http://www.thehindu.com/business/Industry/staterun-banks-see-jump-in-loan-fraud/article8570480.ece)
The Hindu
State-owned banks are seeing a sharp jump in non-performing assets on account of forgery and fraud even as they struggle to cope with bad loans from distressed commodities and infrastructure sectors. Bad loans extended on the basis of fake documents ...

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