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Tuesday, June 21, 2022

The Great Indian Nautanki Company and how it took three top banks on a Rs 150 crore ride

The Great Indian Nautanki Company and how it took three top banks on a Rs 150 crore ride
Three prominent Indian banks have been taken for a dramatic ride of a total Rs 150 crore by a couple of Indian companies, which have now become nightmarish Non Performing Asset 
They are: IDBI Bank Ltd (Rs 92.69 crore), Bank of Baroda (Rs 49.23 crore) and HDFC Bank Ltd. (Rs 6.27 crore), besides interest, penalties, etc.

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