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CBI books Subhash Chandra, others in Rs 1,322 crore LIC Housing Finance fraud

Express News Service · DistrictNews · 2026-09-05

CBI books Subhash Chandra, others in Rs 1,322 crore LIC Housing Finance fraud

CBI books Subhash Chandra, others in Rs 1,322 crore LIC Housing Finance fraud. The FIR, registered by the CBI’s Banking Securities Fraud Branch on August 31 is based on a written complaint filed by Neeta Menghani, general manager of LICHFL. Chandra is accused of defrauding the company of more than Rs 1 billion.

Why it matters. Why it matters: CBI books Subhash Chandra, others in Rs 1,322 crore LIC Housing Finance fraud.

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