Nod from agencies, banks a riddle for tense techies
(WorldNews India)

PUNE: Residents of Scrum Utkarsh, which is under the Enforcement Directorate`s (ED) scanner, are confused and worried as well despite taking all legal steps to build their homes. About 85 software professionals and their families staying in the society are facing eviction after the ED, Mumbai, served the eviction notices. From the plan sanctioning authority, legal experts and banks, all seem to have given a green signal to the project. Banks typically initiate their search report before sanctioning any loan. In this case, two banks - IDBI Bank and State Bank of India (SBI) - have sanctioned most of the loans. It was possibly because no...