bank loan fraud
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PNB invites bids to sell three NPA accounts to recover over Rs 136 crore

Apart from referring potential NPA cases to the Insolvency and Bankturty Code, the banks are also selling off their non-core assets to improve their balance sheets.

published on : 6th July 2018
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Indian banks score a win in legal battle against Vijay Mallya

The consortium of 13 banks are seeking to recover funds owed to them by Mallya who is fighting extradition to India to face trial for fraud and money laundering charges worth nearly Rs 9,000 crore.

published on : 6th July 2018
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CBI arrests Chirag computer maker RP Infosystems' directors in Rs 515 crore bank loan fraud case

In 2015, R P Infosystems, which manufactured computers with brand name 'Chirag', was booked by the CBI for allegedly cheating IDBI bank to the tune of Rs 180 crore.

published on : 15th March 2018
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CBI prepares to summon NDTV promoters for alleged bank loan fraud

The agency sleuths have scrutinised the seized documents and a questionnaire to be put up to the accused is being prepared.

published on : 9th June 2017