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Traders defrauded several banks of Rs 400 Cr in Andhra Pradesh

By T.Madhusudana Rao
Kakinada, Dec 13 (UNI) More than dozen commercial banks in East Godavari district of Andhra Pradesh have been defrauded by traders to the tune of Rs 400 crore.
The traders obtained commodity loans from the banks by pledging the stocks of paddy and raw cashew nuts in the authorized godowns and conveniently overnight replacing them with husk and cashew shells.
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Kerala allocates Rs 7 crore for Nitya Chaitanya Yati Memorial

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Three youths killed, three others injured after care hits tree following wild boar scare in Palakkad

09 Nov 2025 | 9:12 AM

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