2 Punjab firms booked for defrauding Bank of India of â¹89 cr
The CBI has registered cases against the directors of two Punjab-based private companies for allegedly cheating Bank of India to the tune of over â¹89 crore. Two cases were registered for causing loss of â¹61.01 crore and â¹28.30 crore. The accused induced Bank of India to sanction credit facilities on the basis of forged and fabricated stock statements and balance-sheets. 