As Serious Fraud Office Probes Choksi Loans, Axis Bank CEO Faces Questioning

As Serious Fraud Office Probes Choksi Loans, Axis Bank CEO Faces Questioning

CEO of Axis Bank Shikha Sharma is being questioned by the Serious Fraud Investigation Office (SFIO) for giving loans worth Rs 405 crore to Mehul Choksi’s firm Gitanjali Group. Led by ICICI Bank, 30 banks had loaned Gitanjali a total of Rs 5,280 crores.
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