<h1>Former bank officials charged for Rs 25 crore fraud involving improper loans and kickbacks</h1> Mumbai police's Economic Offences Wing registered a fresh case against former cooperative bank officials for causing wrongful loss of Rs 24.93 crore. The bank sanctioned Rs 77 crore loans to a company without proper due diligence, later declaring them non-performing assets. Former officials allegedly received Rs 6.37 crore kickbacks and subsequently waived Rs 18.56 crore in principal and interest when settling the accounts. This case emerges from ongoing investigation into a larger Rs 122-crore scam at the same bank.