Govt bank alleges ₹69-cr loan fraud, 3 Ludhiana bizmen booked

According to the complaint, Dharampal Jain and Jainender Jain, partners in Shree Vallabh Exports and Shree Vallabh Overseas, and Anju Jain, proprietor of A and J Impex, had availed various credit facilities from the bank. The bank alleged that the accused committed cheating, criminal breach of trust and other financial irregularities, resulting in a loss of ₹68.91 crore as of March 31, 2026, excluding further interest

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