Another Bank scam has surfaced shocking the Country. A former general manager of IDBI and 31 others were booked for allegedly cheating the bank to the tune of Rs 445.32 crore by availing Kisan Credit Cards (KCC) and other loans on the basis of fake documents and overvalued collateral property. The Central Bureau of Investigation (CBI) has revealed the same in its investigation. CBI has filed a case against GM Battu Ramarao and other 31 persons under the sections for criminal conspiracy, cheating, forgery and criminal misconduct.
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