The Enforcement Directorate (ED) has attached immovable properties worth Rs 4,025.23 crore of Bhushan Power & Steel Limited (BPSL) in an alleged bank fraud case under the Prevention of Money Laundering Act, 2002 (PMLA).

Enforcement Directorate attaches assets worth Rs 4025.23 crore of Bhushan Power & Steel limited in bank fraud case

Finance Minister Arun Jaitley Thursday said Rs 80,000 crore has been recovered by creditors in 66 cases resolved by NCLT and around Rs 70,000 crore more is likely to be realised by March-end.

Banks likely to recover bad loans worth 70,000 crore rupees by March-end: Arun Jaitley

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Enforcement Directorate attaches assets worth Rs 4025.23 crore of Bhushan Power & Steel limited in bank fraud case

Banks likely to recover bad loans worth 70,000 crore rupees by March-end: Arun Jaitley