CID raids Guru Raghavendra Co-op Bank

Daijiworld.com reports CID recently raided 15 venues in Bangalaru in connection with the multi-crore scandal in Guru Raghavendra Cooperative Bank.

Police targeted those people who took loans based on fake papers and defaulted on repayment.

Earlier, the high court had ordered the scam to be probed by CID. The scam involves more than a thousand crore rupees.

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