CBI court sentences 11 in Canara Bank fraud case to four years' rigorous imprisonment

Shimla, Oct14 (UNI) A special CBI court on Wednesday sentenced 11 accused, including two former Canara Bank officials and eight private individuals, to four years of rigorous imprisonment each in a bank fraud case involving loans worth Rs 7.91 crore and unrealised foreign bills of exchange amounting to Rs 4.87 crore. The court also imposed a total fine of Rs 19.75 lakh on the convicts, according to a Central Bureau of Investigation (CBI) official. The accused include D.S.S. Ravindra, the then Chief Manager of Canara Bank's Baddi branch in Solan district of Himachal Pradesh and C S Verma, the then…