A Rotten Deal

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A Rotten Deal
  • Osmanabad District Cooperative Bank gives loans totalling Rs 197 crore loan to Terna Cooperative Sugar Factory of which state energy minister Padamsinh Patil was chairman and remains a director

  • The bank's chairman at the time of the loan is Patil's cousin

  • NABARD has identified the Terna account as a "non-performing asset"

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