News for 'Bank of India General Manager R N Tayal'

A multi-crore housing scam now! LICHF chief arrested

Rediff.com24 Nov 2010

The Central Bureau of Investigation on Wednesday arrested eight people, including the chief executive officer of LIC Housing Finance, for allegedly giving corporate loans for monetary considerations.

All 8 accused in bribe-for-loan scam get bail

Rediff.com3 Dec 2010

Nine days after their arrest in a cross-country housing loan scam, a special CBI court on Friday granted bail to all the eight accused, including LIC Housing Finance CEO Ramchandran Nair, after observing that their custody is not required further.