CBI raids Rotomac Pens' owner over â¹800-crore loan fraud
The CBI on Monday conducted raids at three properties in Kanpur in connection with Rotomac Pens' owner Vikram Kothari after it was reported that he failed to repay loans worth over â¹800 crore from state-owned banks. The CBI is questioning Kothari, his wife and son. He took loans from banks including Allahabad Bank, Bank of India and Bank of Baroda.