Gensol Engineering Faces Setback as IREDA Declares Loan Accounts Fraud
On Tuesday, Gensol Engineering announced that IREDA, a state-owned financial institution, had labelled the company’s loan accounts as “fraud.” According to sources, Gensol’s loan accounts of Rs 673 crore have been labelled as “fraud” by IREDA, which has subsequently referred the problem to the Reserve Bank of India. In response, the company has gone public […]









