BANKINDIANSEBANK OF INDIA· BanksCriticalNegative
Announced Mon, 12 Oct, 2026 · 18:32 IST

Bank of India declares Future Enterprise NPA as fraud at Rs 575.40 cr

Fraud ConfirmedRegulatory & Legal View source PDFExplain this filing

BANKINDIA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+0.8%1-day move
₹133.40
prior close
₹132.60
base price
After-mkt
timing
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AI summary

Bank of India has classified the NPA account of Future Enterprise Ltd as fraud and reported it to RBI. The outstanding amount is Rs 575.40 crore, for which the bank has already made a 100 percent provision of Rs 575.40 crore. No additional financial hit is expected from this classification.

Likely market impact

Minimal impact on earnings as full provisioning is already done; classification is largely a regulatory formality under RBI fraud reporting rules.