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VERIFIEDET Finance·negative

CBI books IL&FS Energy, executives in alleged Rs 212 crore Canara Bank loan fraud case

AI Summary
  • ·CBI has registered a case against IL&FS Energy Development Company and its executives.
  • ·The case involves an alleged loss of Rs 212.34 crore linked to Canara Bank.
  • ·The fraud is related to loans sanctioned by Syndicate Bank that were reportedly diverted.
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