Over ₹960 crore scam? 127 plots sold, then mortgaged to scam-hit bank in Bengaluru
November 2, 2026
Marsares Editorial Team
Fresh allegations of fraud have emerged related to Sri Guru Raghavendra Sahakara Bank Niyamitha involving mortgaged properties. Properties with ongoing financial disputes had previously been sold to unsuspecting buyers, exposing a troubling issue. The bank lacks accurate data on these properties, complicating efforts to determine ownership and value. An association representing affected homeowners has urged the bank to halt any further actions against their interests.
Source: ET Realty Top Stories