The Enforcement Directorate (ED) probing the case has accused Aggarwal and his companies of causing loss of over Rs 2,000 crore to IL&FS Fi...

The investigation has revealed two distinct modus operandi allegedly employed by the accused which pertain to the misuse of bank guarantees...

Agarwal was arrested by the CBI for his alleged involvement in an alleged ₹22,842-crore bank fraud case.

According to official sources, the CBI on Saturday filed a charge sheet against former ABG group chairman Rishi Agarwal and other people an...

The agency alleged that a large part of the borrowed money "has been moved out of India in violations of the sanctioned terms and condition...

The ED said that the attached assets include Shipyards in Gujarat's Surat and Dahej; agricultural lands and plots, various commercial and r...

Agarwal, the then CMD, was booked along with the company in February. Besides Agarwal, the then Executive Director Santhanam Muthaswamy, Di...

Addressing a press conference, Congress leader Sanjay Nirupam said the government must order a probe into the findings of Ernst and Young's...

ABG Shipyard was sanctioned loan under consortium arrangement led by ICICI Bank, and the account was declared as non-performing asset (NPA)...

ABG Shipyard, now credited with India’s biggest bank fraud, created a web of transactions to cheat a consortium of 28 banks of Rs 22,842 cr...

ET was first to report about the money laundering probe in the case. The report also named then executive director Santhanam Muthaswamy, di...

The federal agency is expected to register an enforcement case information report (ECIR) this week for contravening anti-money laundering l...

The agency in a statement said Look Out Circulars (LOCs) have already been opened by the Central Bureau of Investigation (CBI) against the ...

As many as 28 banks and financial institutions were victims of the alleged scam, as per the report. Funds given by these bodies were used f...

Evergreening is a ploy to mask loan default by giving new loans to help delinquent borrowers repay old loans.

The SFIO probe reveals several cases where the bosses got benefits from borrowers in return for faster loans.

SFIO's chargesheet suggests the RBI should conduct internal inquiry & take 'appropriate action'.