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Soumit Ranjan Jena Mining Scam Sep

Sep 10 2012nbsp018332A former chief financial officer of a mining and coal company alleged that Abhijeet Group got sweet deals from banks. He alleged that most of the loans provided by Axis Bank to Abhijeet Group were in the ratio of 8020 meaning the bank gave 80 loan while the company put in 20 capital as equity in the total project cost.

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