CBI books Rotomac World in Rs 750 crore financial institution fraud case

The CBI has registered a case towards Kanpur-based Rotomac World and its administrators for allegedly defrauding the Indian Abroad Financial institution to the tune of Rs 750.54 crore, officers stated. The corporate, which offers in writing devices, has complete excellent of Rs 2,919 crore towards a consortium of seven banks led by Financial institution of … Read more

Pen-maker Rotomac International charged in Rs 750 crore financial institution fraud case

Officers stated the CBI has charged Kanpur-based Rotomac International and its administrators for alleged fraud of Rs 750.54 crore within the Indian Abroad Financial institution. The corporate, which was within the enterprise of writing devices, owes a complete of Rs 2,919 crore towards a consortium of seven banks led by Financial institution of India, during … Read more