As of March 2017, banks had extended loans and guarantees worth Rs 17,632 crore ($2.74 billion) to companies tied to billionaire jeweller Nirav Modi and his uncle Mehul Choksi, the tax department said in a note seen by Reuters.
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2AmqtRl
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