In PMC Bank Crisis, Directors Of Firm Accused Of Loan Default Arrested | Read

PUBLISHED ON: October 3, 2019 | Duration: 2 min, 54 sec

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Two directors of the real estate firm HDIL that set off the massive crisis at the Punjab Maharashtra Co-operative (PMC) Bank, following a loan default of Rs. 6,500 crore, have been arrested. Rakesh Wadhawan and Sarang Wadhawan were arrested by the Economic Offences Wing of the Mumbai Police on Thursday.
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