Banking News

Read the full story

Source: Economic Times

Economic Times
Source
Fintech & Digital
Category
4 min
Read time
28 Aug
Published
Fintech & Digital
4 min read· Economic Times

Bankers question role of RP in the Subhash Chandra case and how net worth was computed

Dissenting banks say unresolved pleas for a forensic audit and asset trailing to be conducted on Subhash Chandra's financials to probe how his networth fell from more than Rs 40,562 crore when he issued the guarantees to Rs 32 crore in 2025, the crowding out of lenders by related party entities in the committee of cred…

Dissenting banks say unresolved pleas for a forensic audit and asset trailing to be conducted on Subhash Chandra's financials to probe how his networth fell from more than Rs 40,562 crore when he issued the guarantees to Rs 32 crore in 2025, the crowding out of lenders by related party entities in the committee of cred

Source: Economic Times