CBI investigates bank-builder nexus in nationwide loan fraud; 22 cases filed so far
New Delhi: A major investigation is underway into a widespread bank-builder nexus implicated in a significant loan fraud scheme across India. The Central Bureau of Investigation (CBI) has registered 22 cases following a Supreme Court directive following petitions from hundreds of aggrieved home buyers. The scandal revolves around subvention schemes, a common practice in the … Read more