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Subhash Chandra booked by CBI in alleged ₹1,322 crore LIC Housing Finance fraud case: Report

The CBI has registered an FIR against Essel Group chairman Subhash Chandra and three others over an alleged ₹1,322-crore fraud involving LIC Housing Finance. The case relates to ₹980 crore in loans allegedly secured using inflated net worth certificates, with the facilities later turning into defaults.

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