CBI books Hyderabad firm in Rs 173 crore fraud
By IANS |
Published on
Thu, Mar 11 2021 18:27 IST |
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CBI raids in Delhi, UP, Raj, Haryana in Rs 1,400 cr bank fraud case. Image Source: IANS News
New Delhi, March 11 : The Central Bureau of Investigation (CBI) has started a probe against a Hyderabad-based private company and its directors for defaulting payment of interest and instalments of loan availed from a consortium of banks causing a loss to the tune of Rs 173.76 crore.
The agency has registered a case against Parikh Fabrics Pvt Ltd and its directors Nikhil B. Parikh and Rita B. Parikh as well as other private persons and unknown public servants.