CBI files case against Cox and Kings execs over ₹525 cr bank fraud
CBI has registered a case against travel company Cox and Kings' executives over a bank loan fraud of ₹525 crore. The case involves the company's promoters Ajay Ajit Peter Kerkar and Usha Kerkar, former CFO Anil Khandelwal and directors Mahalinga Narayanan and Pesi Patel. The firm allegedly manipulated records to get credit facilities from Yes Bank.