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Bank Fraud / Fund Diversion confidence 91/100

Netizen Engineering Directors Accused in Rs 19,694 Cr Pass-Through Fraud Hitting SBI-Led Consortium

Netizen Engineering allegedly acted as a conduit entity to divert bank funds, with director-level complicity flagged; SBI leads a multi-lender consortium facing near-Rs 20,000 crore in systemic exposure amid uncertain recovery.

ndtv-profit-business · 7/17/2026, 3:46:34 PM · Ask about this →