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ED searches seven premises in Hyderabadover alleged ₹326-crore bank fraud

The investigation concerns the alleged defrauding of a consortium of banks led by Punjab National Bank, along with IDBI Bank, Union Bank of India, Andhra Bank (now part of Union Bank of India), and Bank of Baroda, resulting in a loss of ₹326.49 crore

This is a source-based summary, not original reporting by Ebenezer journalists. Source: The Hindu. Ebenezer published 24 Oct 2026, 07:54 am. Editorial policy.

Read the original report on The Hindu →
The Hindu24 Oct 2026, 07:54 amUpdated 56 min ago1 min readIndiaIndia
ED searches seven premises in Hyderabad over alleged ₹326-crore bank fraud

India — The Hindu

The investigation concerns the alleged defrauding of a consortium of banks led by Punjab National Bank, along with IDBI Bank, Union Bank of India, Andhra Bank (now part of Union Bank of India), and Bank of Baroda, resulting in a loss of ₹326.49 crore

This report is published with credit to The Hindu. The wire sent a summary; open the original for any extra context. Read on The Hindu →

Source: The Hindu. Published 24 Oct 2026, 07:54 am.

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