CBI Books textiles major S Kumars in Rs 1,245-crore loan fraud - Business News: Latest News & Videos about market and economy | Trendmergers

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CBI Books textiles major S Kumars in Rs 1,245-crore loan fraud

CBI Spokesperson RC Joshi said promoters/directors of the company were booked for allegedly "misusing/diverting the bank funds during the period 2012 to 2018" which resulted in loss of about Rs 1,245.15 crore to the banks.

from Industry-Economic Times
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