BANKING

The State Bank of India has issued a clarification in the alleged loan scam case involving former Chairman Pratip Chaudhuri,says the asset in focus was sold with due process in March 2014, after Chaudhuri retired from the bank in Sep 2013. The company further says that there are factual inaccuracies in the complainant’s version submitted to the court and that the bank was never a party to it.

from Banking/Finance-Industry-Economic Times https://ift.tt/3jXNyk7
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