How IDBI Bank let itself be duped by Siva firms

The first loan of Rs 322.40 crore from IDBI was issued to Siva’s Finland-based company Win Wind Oy (WWO) in October 2010, which became a non-performing asset three years later.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2JsD4EP