Company MD booked for abetment of SBI branch manager’s suicide

Posted on:
Key Points

MUMBAI: The managing director of a Goregaon-based private company was booked on Friday for allegedly abetting suicide of the branch manager of the Hindu Colony branch of State Bank of India, according to Parksite police..

The deceased bank manager, Sandesh Malpani, 44, has left behind a suicide note claiming that he was forced to end his life because of the MD..

The branch, after preliminary assessment, sanctioned 8.84 crore to the company and recently, the loan was transferred from ICICI Bank to the SBI...

You might be interested in

Videocon loan led to business loss: ICICI Bank to CBI

05, Aug, 23

The ICICI Bank suffered losses of more than Rs 1,000 crore when credit facilities provided to the Videocon Group turned into non-performing assets (NPAs), according to the CBI's charge sheet filed against the banks former CEO Chanda Kochhar, her husband Deepak Kochhar, and Videocon founder Venugopal Dhoot.

Ex-manager booked for siphoning off Rs 4.41 crore from Mumbai firm’s bank account

31, May, 23

The crime came to light after Ashok Jadhav resigned and a new manager took over his position.

Anup Bagchi to take over as MD & CEO of ICICI Pru Life Insurance in June

16, Mar, 23

Bagchi will replace N S Kannan the current MD amp CEO who will complete his fiveyear term and superannuate from service in June

Jaiprakash's lenders taken 'unawares' by ICICI move on company debt

15, Nov, 23

JAL owes a group of 32 lenders a total of ₹29,272 crore. The company was among the 26 defaulters that the RBI had directed to be taken to the bankruptcy process in 2017 following which ICICI had filed an insolvency petition against the company before Allahabad Bench of the National Company Law Tribunal in 2018. That petition is yet to be admitted.

ICICI Prudential Life Insurance gets a Rs 429 cr GST demand notice from Maha govt

28, Aug, 24

In a stock filing, ICICI Prudential said the GST demand includes Rs 208.02 crore, Rs 200.22 crore in interest, and Rs 20.80 crore in penalties.