Categories Finance/Money

CBI books builder Supertech, promoter RK Arora for allegedly cheating IDBI Bank of Rs 126 crore

The Central Bureau of Investigation (CBI) has arrested Supertech Limited and its promoter, RK Arora, for allegedly defrauding IDBI bank of Rs 126 crore. This action follows a Supreme Court directive for the CBI to investigate Supertech’s projects and the involvement of banks that provided substantial loans for housing projects in the Delhi-NCR region.

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