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CBCBI on Friday registered a case against former CMD of Canara Bank RK Dubey for giving Rs 13.5 crore loan to a private company fraudulently.

The CBI teams carried out raids in Delhi at RK Dubey’s residence in connection with the case.

Allegations are that while posted as ED Central Bank, RK Dubey gave loan to a company ignoring the rules and regulations.

Central Bank had a loss of Rs 6.9 crore due to RK Dubey’s alleged act.

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