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Bank fraud of Rs 22842 Crs: Shadow of phone banking system continues to linger

By
Rakesh Ranjan
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(G.N.S) Dt. 15 New Delhi The insidious system of ‘phone banking’ continues to cast its shadow despite the several measures taken in the last six-seven years. The latest revelation in this regard is the huge loan default of ₹22,842 crores taken by ABG Shipyard in the UPA-2 regime. Even though

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