CBI files case against Bengaluru company for causing loss of Rs 200 crore to Indian Bank, e-Vijaya B
CBI files case against Bengaluru company for causing loss of Rs 200 crore to Indian Bank, e-Vijaya Bank
The Central Bureau of Investigation has registered a case against a Bangalore-based private company and others for causing an alleged loss of over Rs 200 crore to Indian banks.
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UPDATED: January 14, 2021 06:46 IST
A search was carried out by the CBI at the residence and official premises of the accused in Bangalore and Shoolagiri, Krishnagiri District (File photo: PTI)
CBI has registered a case against a Bangalore-based private company and others for causing an alleged loss of over Rs 200 crore to Indian banks. The Central Bureau of Investigation (CBI) said the borrower company, during the period 2017-2019, availed credit facilities under consortium lending consisting of Indian Bank and e-Vijaya Bank. The borrower then went on to defraud the banks, the CBI added.