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Ex-AGM, 7 others in loan fraud case get 3 yrs' jail term

A Special Mumbai Court has awarded a three years' rigorous imprisonment to former Assistant General Manager (AGM) of the Bank of Maharashtra (BOM) and others in connection with a loan fraud case.The court sentenced D.R. Deshpande, then AGM, . ....

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Bank of Maharashtra fraud case: 9, including 5 senior citizens get 3 yrs jail, ₹5 Cr fine

The court also ordered that of the fine, ₹4.5 crores be paid as compensation to the bank. ....

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