Another bank fraud uncovered: Chennai jeweller accused of duping 14 banks of Rs 824 crore

Another bank fraud uncovered: Chennai jeweller accused of duping 14 banks of Rs 824 crore IANS In yet another fraud played on banks, a Chennai-based jeweller Kanishk Gold Pvt Ltd (KGPL) has been accused of defrauding a consortium of 14 banks led by the State Bank of India (SBI) to the tune of Rs 824.15 crore in the form of loans that have now been declared as non-performing asset (NPA). The post Another bank fraud uncovered: Chennai jeweller accused of duping 14 banks of Rs 824 crore appeared first on Firstpost. India