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Couple forge NOC to get Rs 7.5cr loan | Vadodara News - Vimarsana News

Couple forge NOC to get Rs 7.5cr loan | Vadodara News

Representative image VADODARA: A businessman having his office in Phoenix Complex in Sayajigunj and his wife was booked on Friday for forging documents to get loans amounting to Rs 7.5 crore from a private bank in 2016. According to officials of Bandhan Bank, which had disbursed a cash credit (CC) loan, overdraft and term loan to accused Prakash Dave and his wife Ulpa Dave, the couple had forged a no-objection certificate (NOC) of his CC loan from Bank of Baroda (BoB) to get new loans. In February 2016, Prakash had approached Bandhan Bank’s OP Road branch for CC loan as he wanted to expan...