Hyderabad-based firm cheats 8 banks of â¹1,400 crore
The CBI has registered a case against Hyderabad-based Totem Infrastructure and its Directors Tottempudi Salalith and Tottempudi Kavita for cheating eight banks of nearly â¹1,400 crore. The case was filed based on a complaint from Union Bank of India which had given a loan of â¹313 crore. The loan was declared non-performing on June 30, 2012.