BSE chairman among those named in CBI FIR for Rs 6-billion loan fraud

The officials whose residences were searched today included Amita Narayan, R K Bansal, S K Srinivasan, R S Vidyasagar, Bharat Pal Singh and Medha Joshi, the head of the Risk unit

The CBI on Friday searched the residences of six former and current officials of IDBI Bank in connection with an alleged Rs 6 billion loan fraud case in which BSE Chairman S Ravi and the heads of two public sector banks have also been booked, officials said New Delhi.

The officials whose residences were searched today included Amita Narayan, the then CGM of the credit committee of the bank; R K Bansal, then member of the credit committee; S K Srinivasan, the then executive director; R S Vidyasagar, regional head ICG of IDBI; Bharat Pal Singh, then deputy managing director,