4 held for defrauding state-owned bank of Rs 8.1 in Bhubaneswar

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.... held for defrauding state-owned bank of Rs 8.1 in Bhubaneswar<BR>PTI News<BR>Dated:- 21-4-2025<BR>PTI<BR>Bhubaneswar, Apr 21 (PTI) The Economic Offences Wing of Odisha Police on Monday arrested four ....

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....persons for allegedly defrauding a state-owned lender of Rs 8.1 crore in the state. A statement released by the EOW said the accused managed to sanction 234 ‘Xpress Credit’ loans amounting to Rs ....

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....8.1 crore meant for the corporate sector in favour of “234 ineligible individuals by producing fake/fabricated employment records like salary certificate, employment details, bank statements and KYC....

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.... documents”. “These accused persons were acting as middlemen in preparing fake documents for financial gain. Many incriminating materials... have been seized from the arrested persons. The invest....

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....igation of the case is going on,” it said. The EOW had earlier registered a case against the four accused based on a complaint lodged by the regional manager, State Bank of India, RBO, Bhubaneswar.....

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.... PTI AAM RBT<BR> News - Press release - PIB....