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The Serious Fraud Investigation Office (SFIO) in Mumbai is set to quiz top honchos of private lenders ICICI Bank and Axis Bank for their loan exposure to Gitanjali Group, which is controlled by fugitive diamantaire Mehul Choksi.
Requests to furnish information on Gitanjali Group have been sent to these banks in the names of the chief executives --ICICI Bank's Chanda Kochhar and Axis Bank's Shikha Sharma, sources close to the development said.
The questioning is likely to happen on Tuesday afternoon and both the banks can also send their representatives to the SFIO, it is learnt.
Till end December 2017, Gitanjali Group was a standard asset in the books of ICICI Bank. Also, ICICI Bank has no exposure to the Nirav Midi controlled entities, sources said.
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