Chennai jewellery chain accused of cheating SBI of â¹250 cr
State Bank of India has filed a complaint with CBI over a â¹250 crore loan fraud by Chennai-based jewellery chain Nathella Sampath Jewellery. SBI said it had sanctioned a â¹250 crore loan to the company through a consortium, which was classified as fraud in December 2017, for having misrepresented the financial statements from 2010 and liquidated its primary asset. 