The Enforcement Directorate (ED) on March 11 said it has attached assets worth Rs 9.97 crore in the Bhilwara Mahila Urban Cooperative Bank loan fraud case.
"ED attaches assets (Movable & Immovable) worth Rs. 9.97 crore in Bhilwara Mahila Urban Cooperative Bank loan fraud case by Ravindra Bordia & others," the agency said in a tweet.
Bordia is the former financial adviser of the bank, and Bhilwara Mahila Urban Cooperative Bank husband of the bank's ex-President Kirti Bordia.
The Reserve Bank of India had cancelled the lender's license in 2018 due to lack of adequate capital and earning prospects.
