Archive · 12 Sep 2025
CBI Registers Case in ₹121 Crore Bank Fraud Against Company
A company in Ahmedabad is accused of taking money improperly from a bank, the Bank of India.
The amount involved is over 121 crore rupees.
The CBI, a government agency, is now investigating.
The bank reported the fraud, and the company's account was declared a non-performing asset (NPA) years ago.
An investigation into the account's status after being declared NPA led to the current actions.
CBI registered a case against an Ahmedabad-based private company.
The case involves a bank fraud worth ₹121.60 crore.
The complaint was filed by Bank of India.
The company's account was declared an NPA on September 30, 2014.
The FIR was filed based on the complaint at the BS&FB branch in Mumbai.
- Who
- CBI, Ahmedabad-based private company, directors, Bank of India
- What
- Registered a case in a bank fraud case
- When
- September 8
- Where
- Ahmedabad, Mumbai
- Why
- Bank fraud investigation
- Fraud Amount
- ₹121.60 crore
- Entities Involved
- Ahmedabad-based private company, directors, and unidentified public servants
- Reporting Bank
- Bank of India
- Date of FIR
- September 8
- Account Status
- Declared NPA on September 30, 2014
