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ED raids Ramnandi Hotels across 9 locations in alleged Rs 132-crore bank fraud case
Times of India
September 11, 2026
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The Enforcement Directorate searched nine locations across three states in an alleged bank fraud case. Ramnandi Hotels and Resorts Ltd is accused of diverting Rs 58 crore from bank loans. The company allegedly used fake reports and personal guarantees to secure these funds. Five pledged propertie
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