Jammu, June 30 (IANS) A Special CBI Court in Jammu sentenced a former senior manager of Central Bank of India and another convict to one year imprisonment with a fine of Rs 20,000 each in a housing loan fraud, said an official on Tuesday. Rajinder Koul, Senior Manager, Central Bank of India (now dismissed from service) and private person Sham Sunder Aggarwal were booked by the federal probe agency for irregularities in disbursement of housing loans, the CBI said.Koul was posted at Central Bank o…
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Chennai, June 30 (IANS) A special Central Bureau of Investigation (CBI) court in Chennai sentenced a former senior bank official, and a private company chief to seven years of rigorous imprisonment in a bank fraud case involving the fraudulent sanction and disbursement of housing loans that caused a loss of more than Rs 5.29 crore to, a public sector bank, Central Bank of India, the agency said on Tuesday.The court also slapped a fine on the private firm in connection with the case.The court on …