CBI files chargesheet against Fedders Electric over Rs 1,028 cr loss to banks

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The CBI has filed a chargesheet against former executives of Fedders Electric and Engineering and others for allegedly defrauding a consortium of banks led by SBI of over ₹1,028 crore. The charges include cheating, criminal conspiracy, and forgery.

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CBI files chargesheet against Fedders Electric over Rs 1,028 cr loss to banks

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