CBI registers case against ex-CMD of Canara Bank

New Delhi: The CBI has registered a case against former Chairman-cum-Managing Director of Canara Bank RK Dubey for allegedly allowing deviations in sanctioning credit limits to a company during his tenure as Executive Director at Central Bank of India. 

The CBI sources said the complaint was received against Dubey, who retired as CMD of Canara Bank, from Central Bank of India alleging that he conspired with two directors — GK Dhawan and Janak Dhawan — of a transport company JD Transport Pvt. Ltd, Delhi to allow deviations in sanctioning credit facilities to the tune of Rs 13.5 crore. PTI