The Kanishk Gold Private Limited (KGPL), the jeweler based in Chennai, has been charged with deceiving nearly 14 banks to acquire INR 824.15 Crore as a loan. It is acknowledged as a non-performing asset. The KGPL has produced false documents so as get the loan amount sanctioned. The CBI has registered the case and questioned the directors.
CBI probes into Kanishk Gold Bank Loan ScamIncryptsMar 24, 20180
Feb 18, 2020