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IDBI Bank shares partly recovered amid falling 3.5% on report of Rs 772-crore fraud

By
Lucky Jain
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572
0
New Delhi (G.N.S) Dt. 27 IDBI Bank Ltd said that fraudulent loans of 7.72 billion rupees ($118.8 million) were issued from five of its branches in Andhra Pradesh and Telangana, sending its shares lower on Wednesday. Some of the loans, which were issued during fiscal years 2009-2013 for fish farming

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