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CBI Books Bhiwandi-Based Company, Directors For Alleged ₹58 Crore SBI Fraud Over Loan Diversion & Falsified Financial Records

CBI Books Bhiwandi-Based Company, Directors For Alleged ₹58 Crore SBI Fraud Over Loan Diversion & Falsified Financial Records
Photo: Free Press Journal · view original

Mumbai: The Central Bureau of Investigation (CBI) has booked a Bhiwandi-based company and its directors for allegedly defrauding State Bank of India (SBI) of Rs 58 crore. The complaint by M Kalra, Deputy General Manager, SBI’s Stressed Assets Management Branch-II, Mumbai, concerns a manufacturer...

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