According to the CBI’s FIR, the complaint given by Canara Bank (largest lender) alleges that the accused entered into a criminal conspiracy to cheat 19 banks under multiple banking arrangements misappropriated the sanctioned credit facilities by cheating, diversion of funds , circular transactions between related/sister concerns, misrepresentation of books of income and expenditures thereby causing a loss of Rs 6524 crores.from Banking/Finance-Industry-Economic Times https://ift.tt/a5Pu7LR
via IFTTT
No comments:
Post a Comment