Rs 245cr bank loan fraud: Khaitan booked by CBI

The Central Bureau of Investigation has booked city-based Khaitan Electricals promoters in a loan fraud case. The CBI alleged that managing director Sunil Krishna Khaitan and others colluded with various bank officials, produced fake documents to obtain Rs 245 crore loans and diverted the funds.

from Hyderabad News: Latest Hyderabad News Headlines & Live News Updates from Hyderabad - Times of India https://ift.tt/3rqZPym

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