Loan default: Shares of BoB, BOI among others banks fall over 6%

Loan default case of  Rotomac  Global, promoted by Vikram Kothari,  came close on the heels of the Rs 11,515-crore Punjab National Bank fraud by billionaire jeweller Nirav Modi

Loan default: Shares of BoB, BOI among others
The shares of banks tumbled as Bank of Baroda filed a complaint against Rotomac Pen promoter Vikram Kothari for a loan default of Rs 800 crore. Image source: PTI

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