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Bank of India (BOI) has reported a fraud of Rs 226.84 crore by Gupta Power Infrastructure Ltd, declaring it as a Non Performing Asset (NPA). The bank has made provisions of Rs 212.62 crore against...

Punjab National Bank (PNB) has reported a Rs 270.57 crore loan fraud by Gupta Power Infrastructure Ltd. The fraud, involving a non-performing asset account, was reported to the Reserve Bank of India.