The CEO of Noida-based Noble Co-operative Bank V K Sharma has rubbished all the charges leveled against the bank by the buyers of controversy-ridden residential project Charms in Greater Noida.
Talking to Indian Cooperative Sharma who was in Lucknow said the allottees refused to pay to bank despite having taken loan from us when the builder failed to deliver flats on time. Why bank should suffer when it is the builder who has wronged, he asked.
Readers would recall that buyers were on the streets protesting against the builder as well as Noble Co-operative Bank.
“Following the tripartite agreement we asked the builder to make our payment”, Sharma said explaining how no dues from the UCB landed in the mailbox of several buyers.
While majority of the buyers say that they have never visited Noble Bank in their lives Sharma insists they indeed took loan from the bank.
HT reports that there are more than 30 home buyers whose names have been used to take loans in the range of Rs 15-40 lakh from the same bank by the same builder.
The fraud was so obvious that it was detected on the RBI radar too as one of the buyers Pranab Bhakta was stunned when he received a letter from the Reserve Bank of India (RBI) in September for a loan he never took, reported HT.