Business · Companies · 1 hr ago

Bank of India reports Rs 575 crore exposure to Future Enterprises as fraud

Bank of India reports Rs 575 crore exposure to Future Enterprises as fraud

Bank of India has declared its Rs 575 crore exposure to Future Enterprises to be fraud.

The amount is stated in Indian rupees.

The information available does not explain what the exposure involves.

It does not give details about the events behind the declaration.

It also does not say how Future Enterprises has responded.

No next steps are specified.

Sources

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