Said on Saturday that it has reported fraud of over Rs 266 crore Reserve bank, relating to three NPA accounts. it’s non-executing Accounts Has been declared and reported as fraud reserve Bank of India As per the regulatory requirement, the public sector lender said in a regulatory filing.

It has declared fraud with dues of Rs 166.89 crore to MP Border Checkpost Development Company Limited; Pune Solapur Road Development (Rs 72.76 crore) and SONAC (Rs 27.08 crore).

In all three cases the fraud is classified as diversion of funds.

Indian Bank said it has placed provisions of Rs 12.58 crore against SONAC. Whereas in the case of the other two accounts, the provisions held are equal to the entire exposure respectively.