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CBI books Hyderabad firm for cheating banks of Rs 1,700 crore | ||||||||
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The CBI on Thursday said it has a registered a case against a Hyderabad-based telecom equipment manufacturing company VMC Systems and its directors over an alleged bank fraud case to the tune of Rs 1,700, on the complaint of Punjab National Bank (PNB). The Central Bureau of Investigation (CBI) said that it carried out searches at over three locations in Hyderabad at the residence and office premises of the directors.
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