Telangana high court questions SBI over Rs 500 crore loan for Rs 200 crore project in Hyderabad

Telangana High Court questioned State Bank of India’s lending practices, particularly a ₹500 crore loan for a ₹200 crore project to SEM India Fab. The court expressed concern over the bank’s actions, suggesting potential fraud and urging a CBI investigation if no complaint was filed. This case highlights issues of public money misuse and companies defaulting on loans. 

The post appeared first on .

Leave a Comment

Your email address will not be published. Required fields are marked *