• Hyderabad-based firm cheats 8 banks of ₹1,400 crore

    Published Date : 22-Mar-2018 11:02:48 IST

    The CBI has registered a case against Hyderabad-based Totem Infrastructure and its Directors Tottempudi Salalith and Tottempudi Kavita for cheating eight banks of nearly ₹1,400 crore. The case was filed based on a complaint from Union Bank of India which had given a loan of ₹313 crore. The loan was declared non-performing on June 30, 2012.

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