Karnataka Bank informed the RBI that it has been defrauded of over ₹285 crore consequent to loans long past terrible to 4 entities consisting of Dewan Housing Finance (DHFL). DHFL owes the maximum at ₹180.13 crore, Religare Finvest owes ₹43.44 crore, Fedders Electric owes ₹41.30 crore whilst Leel Electricals owes ₹20.65 crore. Three of these money owed had been categorised as NPA in 2019.
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