
The bank’s appraiser had allegedly enabled 68 persons get loans by pledging gold imitation jewellery
Police on Wednesday registered a case against a gold appraiser of Central Bank of India’s Chilakalapudi branch in Krishna district in connection with a ₹ 6.71 crore gold loan fraud.
The Chilakalapudi police led by Circle Inspector M. Venkata Narayana have registered the case against the gold appraiser Macherla Satya Vara Prasad, based on a written complaint lodged by Vinod Pophale, Senior Regional Manager (Central Bank of India, Vijayawada). The Machilipatn