A senior CBI official said that the probe agency received a complaint in March 2021 from Uma Shankar Sinha, Assistant General Manager (AGM), Punjab National Bank (PNB) Zonal SASTRA Centre, Mumbai alleging that the accused have committed a bank loan fraud.Sinh
As per RBI data, between 2014 and 2020, total burden of non-performing loans on banks was nearly 365 percent more than that during previous six years of UPA rule
Scania scam linked to firm based in Ahmedabad: Cong
March 12, 2021
Accuses BJP of protecting Swedish company’s service partner and ‘loan defaulter’ Siddhi Vinayak Logistics
The Congress on Friday alleged that the scandal involving Swedish bus maker Scania, which had to shut down its operations in India following reports that it paid bribes to win contracts between 2013 and 2016, is linked to an Ahmedabad-based bus manufacturer which supplied customised luxury buses for Prime Minister Narendra Modi and the BJP’s campaign during the 2014 general elections.
At a press conference in the AICC headquarters, Congress spokesperson Pawan Khera alleged that Siddhi Vinayak Logistics Ltd (SVLL), one of the service partners of Scania in India, is being protected by the ruling BJP despite having been the largest defaulter of Bank of Maharashtra.
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