Hyderabad firm booked for cheating SBI of â¹134 crore
The CBI has booked a case against Hyderabad-based PCH Retail, its MD, chartered accountant along with SBI officials and others for allegedly cheating the bank to the tune of nearly â¹134 crore. It alleged that the firm availed credit facilities between 2007 and 2014 using false financial statements and documents. It also alleged that the accused diverted the funds.