Odisha banker arrested on charge of Rs 8-crore loan fraud
A deputy manager in an SBI branch is accused of sanctioning a loan against ineligible persons without the knowledge of the borrowers.
A deputy manager in an SBI branch is accused of sanctioning a loan against ineligible persons without the knowledge of the borrowers.
After tumbling to 6.73 per cent to Rs 34.60 on the BSE, lender’s shares were trading at Rs 35.05, down by 5.53 per cent at 1.45 pm.
Calling for a proactive approach to reporting of loan frauds, Reserve Bank Deputy Governor S S Mundra has said up…