...
...

letter of credit

₹14,000 crore PNB fraud case: Man accused of aiding Mehul Choksi refuses to take lie-detector tests

PNB fraud accused Gokulnath Shetty was arrested for allegedly aiding Mehul Choksi siphon off money overseas
india news
Updated on Aug 21, 2019 05:00 pm IST

UP: Discoms told to maintain letter of credit

The discoms will also be liable to pay compensation to the generation companies if the RLDC/SLDC is not able to schedule and dispatch power due to a discom not opening and maintaining the LC with adequate credit.
lucknow news
Published on Jul 01, 2019 04:38 pm IST

CBI asks Antigua about Mehul Choksi’s whereabouts

Choksi’s actions show that he had planned in advance his escape and subsequent life knowing that the scam would blow up after the retirement of PNB employee Gokulnath Shetty who was helping him with renewals of Letter of Undertakings, sources said.
india news
Updated on Jul 25, 2018 04:08 pm IST

CBI books 3 Mumbai firms for cheating SBI using letters of credit

SBI was defrauded to the extent of Rs 136.93 crore, CBI said.
business
Published on Jul 10, 2018 10:18 pm IST

Sebi warns PNB for late disclosures regarding Nirav Modi scam

Markets regulator Sebi has warned PNB to promptly comply with mandatory norms on fraudulent transactions related to Nirav Modi and Gitanjali Group of companies.
business
Updated on May 17, 2018 04:43 pm IST
Home / Topic / Letter Of Credit
Sign in
Sign out
Subscribe Now
Copyright © HT Digital Streams Ltd. All rights reserved.