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Andhra Bank share price hits 14-year low; this Rs 5000 cr scam is reason why

Andhra Bank share price hits 14-year low; this Rs 5000 cr scam is reason why

Mon, Mar 12, 2018

The Enforcement Directorate on Friday filed a supplementary prosecution complaint (charge sheet) against former Andhra Bank director Anup Prakash Garg in connection with a Rs 5,000 crore bank fraud involving the Vadodara-based Sterling Biotech Ltd (SBL) of the Sandesara group of companies. 

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