VIJAYAWADA: Following the directions given by the IVth Additional Chief Metropolitan Magistrate Court, Suryaraopet police on Thursday registered a cheating case against Chairman, Bajaj Auto Finance (BAF) Ltd, Vijayawada branch manager of Bajaj Finance, Kotak Mahindra Bank chairman, Kotak Mahindra loan section chief manager and Transunion CIBIL Ltd chairman.
The complaint was lodged by a city-based businessman, N Satyanarayana, with Suryaraopet police on January 30. A case was registered under section 417, 420, 500 and 120(b) of IPC and section 156 (3) of CrPc against the officials of the financial institutions. In his complaint, Satyanarayana alleged that Bajaj Auto Finance Company, with the support of Kotak Mahindra Bank, defamed him by passing on his PAN card and other personal information to the Credit Information Bureau (India) Limited (CIBIL), even though he never availed himself of any loan from the two companies.
Based on these documents and information, CIBIL projected him as a defaulter in the eyes of all the public sector banks. “Recently I came to know that based on my PAN card number (AFEPN3121Q), CIBIL conducted an inquiry and listed me as beneficiary of four loans from Bajaj Auto Finance Company and two from Kotak Mahindra Bank since 2009. Both the companies defamed me in society without my ever having taken any loans from them,” he said in the complaint.