Latest Stressed Asset Management Branch News & Updates

Mumbai, June 21 (IANS) The CBI conducted searches at multiple premises linked to the partners of a Mumbai-based firm over a loan fraud that caused a loss of Rs 62.42 crore to Indian Bank, an official said on Sunday. The searches were conducted in Mumbai and other locations pursuant to search warrants issued by the Special CBI Court here, said the federal probe agency.During the searches, incriminating documents relevant to the investigation were recovered and seized, the Central Bureau of Invest…