ReferIndia News CBI Closes Disproportionate Assets Case Against Ex-IDBI Deputy MD Batra, Still Probed In ₹950 Crore Kingfisher Loan Fraud

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CBI Closes Disproportionate Assets Case Against Ex-IDBI Deputy MD Batra, Still Probed In ₹950 Crore Kingfisher Loan Fraud

Published on: Sept. 24, 2025, 8:31 a.m. | Source: Free Press Journal

The CBI had booked Batra in 2018, a year after his arrest in connection with the loan extended to the airlines, for allegedly amassing Rs 1.69 crore of assets disproportionate to his known source of income from January 1, 2008 to July 30, 2016, during his tenure at the bank as chief general manager, executive director and deputy managing director.

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