Business Standard

IDBI Bank fraud: CBI books two bank chiefs, ex-Aircel promoter Sivasankaran

Cases against Syndicate Bank, Indian Bank MDs, 13 senior IDBI Bank executives

CBI files chargesheet in Antrix-Devas deal case; names ex-ISRO chief
Premium

Arindam Majumder New Delhi
The Central Bureau of Investigation (CBI) on Thursday registered a case against former Aircel promoter C Sivasankaran and his company’s executives in an alleged Rs 6-billion bank fraud case. The agency also booked 15 senior executives, current and former, of IDBI Bank.

The list of bankers booked includes Kishor Kharat, managing director (MD) and chief executive officer (CEO) of Indian Bank, and Melwyn Rego, MD and CEO of Syndicate Bank. Kharat was MD and CEO of IDBI Bank between August 2015 and March 2017. Rego, who also served as the chief of Bank of India before heading Syndicate Bank, had served

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 27 2018 | 1:26 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com