Current Affair! Karnataka Bank reported fraud to RBI.Karnataka Bank reported a fraud to RBI amounting to Rs 13.26 crore in the fund-based working capital facility extended to SRS Finance. The fraud was on account of diversion of funds.SRS Finance is a non-banking financial corporation (NBFC) with a focus on corporate finance and investments, and the consumer finance business. - Study24x7
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Priya Sharma
27 Mar 2019 03:37 PM study24x7 study24x7

Current Affair!

Karnataka Bank reported fraud to RBI.
Karnataka Bank reported a fraud to RBI amounting to Rs 13.26 crore in the fund-based working capital facility extended to SRS Finance. The fraud was on account of diversion of funds.
SRS Finance is a non-banking...

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