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Get latest articles and stories on India at LatestLY. The court awarded jail terms to RP Garg, then AGM at PNB, Jitender Kumar Agarwal, then MD of Sheetal Refineries Limited, Sudhir Bhuraria, authorised signatory, and Manish Bhuraria, along with a fine of Rs 75,000 each. India News | Hyderabad: Former Punjab National Bank AGM Gets Five-year Rigorous Imprisonment for Bank Fraud.

A special CBI court in Hyderabad has awarded five years of rigorous imprisonment to four persons including a former assistant general manager (AGM) in Punjab National Bank's (PNB) of Banjara Hills branch here along with a fine for his involvement in a bank loan fraud of amounting to Rs 53.82 crore.

Mumbai: Worli based company, directors booked by CBI in Rs 63 crore fraud case