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Saturday, November 3, 2018

Sivasankaran ordered to pay Rs 630cr to IDBI Bank

IDBI approached the UK court after the CBI initiated a probe in April against its top management and Siva to investigate alleged irregularities in two loans given to businessman C Sivasankaran by IDBI Bank which led to a loss of Rs 600 crore. Siva admitted to the bank's claim and agreed to pay almost the full amount.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News


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