CBI registers case against a Mumbai-based firm, its ex-CEO, directors and bank officials for causing alleged loss of Rs 2,435 cr to SBI, other banks
It was alleged that the said accused had cheated SBI and other consortium member banks, including Bank of Maharashtra, Axis bank, Yes Bank, Corporation Bank, Barclays Bank, IndusInd Bank, etc. by way of diversion of bank funds.
The allegations were based on a forensic audit report. Source: PTI