ED Attaches ₹150-Crore Assets in Deepak Cables Bank Fraud Case

Some grown-ups are in trouble for not using borrowed money the right way.

A company called Deepak Cables got a very big loan from a group of banks.

The biggest bank in the group is called the State Bank of India.

The company is accused of taking that loan money and using it for other things instead of what it was supposed to be used for.

That is against the rules, and it is called bank fraud.

A special police team called the Enforcement Directorate is looking into this case.

They found properties worth about 150 crore rupees that they think were bought with the bad money.

Now they have taken control of these properties.

They also arrested the company's managing director.

The team is still checking to see if there are more properties involved.

Their job is to make sure money that was gained by breaking the rules is taken back.