The company has been doing business with State Bank of India since 2006 with an initial credit limit of Rs seven crore, which was increased to Rs 243 crore within four years, they said NEW DELHI: The CBI has booked Hyderabad-based Chadalavada Infratech Ltd and its Managing Director for allegedly cheating State Bank of India […]
Bank fraud: ED attaches Gujarat firm’s wind turbine generators, land worth Rs 18 cr
The company, the agency said in a statement, “had availed fund-based and non-fund based financial assistance from a consortium of 13 banks led by Canara Bank and later on defaulted in repayment of loans to the tune of Rs 2,107 crore” New Delhi: Nine wind turbine generators and land, belonging to a Gujarat-based company, worth […]
