Allahabad Bank on Wednesday reported a Rs 689 crore ($100.1 million) fraud related to textile company SEL Manufacturing to the Reserve Bank of India.
The fraud is already being heard by the country's company law tribunal, the bank said in a statement, adding that it has made provisions for the bad loan.
Earlier this month, Allahabad Bank had flagged a $259 million fraud by bankrupt steelmaker Bhushan Power & Steel Ltd.
State-run Punjab National Bank Ltd and Punjab & Sind Bank Ltd have also reported similar frauds amounting to more than Rs 4,000 crore by the steelmaker.
($1 = Rs 68.82)
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