Bank Of Maharashtra Loan Fraud
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Probe Agency Restitutes Rs 380-Crore Assets In Bank 'Fraud' Involving Ex-MLA
Attached assets worth Rs 380 crore have been restored to a designated Maharashtra government authority for distribution to the about 5 lakh "duped" depositors of a cooperative bank, controlled by a former MLA.
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2 Ex-Bank Officials In Mumbai Convicted In 26-Year-Old Fraud Case
A special court in Mumbai on Wednesday sentenced two former managers of Bank of Maharashtra to one year imprisonment in a 26-year-old loan fraud case.
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In PMC Bank Crisis, Directors Of Firm Accused Of Loan Default Arrested
Two directors of the real estate firm HDIL that set off the massive crisis at the Punjab Maharashtra Co-operative (PMC) Bank by defaulting on loans worth nearly Rs 6,500 crore have been arrested. Rakesh Wadhawan and Sarang Wadhawan, senior executives at Housing Development and Infrastructure Ltd (HDIL), were arrested by the Economic Offences Wing o...
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PMC Bank Lost Rs 4,300 Crore, Case Against Promoters Of Defaulting Firm
A police case has been filed against Sarang Wadhawan and Rakesh Kumar Wadhawan, promoters of the crisis-hit real estate firm Housing Development and Infrastructure Ltd (HDIL), for loan default reported to be worth up to Rs 4,300 crore, sources said.
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In Thane, Police Hunt For Man Who Took Bank Loans With Fake Documents
The city police has registered offences against a 36-year-old man who allegedly cheated a bank in Thane by taking loans based on fake documents and then defaulting on repayment.
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Enforcement Directorate Arrests 2 In Gujarat And Maharashtra On Money Laundering Charges
The Enforcement Directorate (ED) has arrested two people, one each in Gujarat and Maharashtra, in connection with its separate money laundering probes. In the first case, the agency arrested Surat-based RC Baid for his role in "aiding and laundering of tainted money in the Bank of Maharashtra loan fraud case" to the tune of Rs 836.29 crore.
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Rights Activist Alleges Fraud In Loans To Maharashtra Farmers, Seeks CBI Probe
Farmers' Rights activist Kishore Tiwari has alleged fraud in distribution of funds to farmers by nationalized and cooperative banks in Maharashtra and has written to the Prime Minister seeking a CBI investigation.
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Probe Agency Restitutes Rs 380-Crore Assets In Bank 'Fraud' Involving Ex-MLA
Attached assets worth Rs 380 crore have been restored to a designated Maharashtra government authority for distribution to the about 5 lakh "duped" depositors of a cooperative bank, controlled by a former MLA.
-
2 Ex-Bank Officials In Mumbai Convicted In 26-Year-Old Fraud Case
A special court in Mumbai on Wednesday sentenced two former managers of Bank of Maharashtra to one year imprisonment in a 26-year-old loan fraud case.
-
In PMC Bank Crisis, Directors Of Firm Accused Of Loan Default Arrested
Two directors of the real estate firm HDIL that set off the massive crisis at the Punjab Maharashtra Co-operative (PMC) Bank by defaulting on loans worth nearly Rs 6,500 crore have been arrested. Rakesh Wadhawan and Sarang Wadhawan, senior executives at Housing Development and Infrastructure Ltd (HDIL), were arrested by the Economic Offences Wing o...
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PMC Bank Lost Rs 4,300 Crore, Case Against Promoters Of Defaulting Firm
A police case has been filed against Sarang Wadhawan and Rakesh Kumar Wadhawan, promoters of the crisis-hit real estate firm Housing Development and Infrastructure Ltd (HDIL), for loan default reported to be worth up to Rs 4,300 crore, sources said.
-
In Thane, Police Hunt For Man Who Took Bank Loans With Fake Documents
The city police has registered offences against a 36-year-old man who allegedly cheated a bank in Thane by taking loans based on fake documents and then defaulting on repayment.
-
Enforcement Directorate Arrests 2 In Gujarat And Maharashtra On Money Laundering Charges
The Enforcement Directorate (ED) has arrested two people, one each in Gujarat and Maharashtra, in connection with its separate money laundering probes. In the first case, the agency arrested Surat-based RC Baid for his role in "aiding and laundering of tainted money in the Bank of Maharashtra loan fraud case" to the tune of Rs 836.29 crore.
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Rights Activist Alleges Fraud In Loans To Maharashtra Farmers, Seeks CBI Probe
Farmers' Rights activist Kishore Tiwari has alleged fraud in distribution of funds to farmers by nationalized and cooperative banks in Maharashtra and has written to the Prime Minister seeking a CBI investigation.
