Searches were conducted on Friday at 13 places, including Delhi, Ghaziabad and Ahmedabad, at the premises of accused leading to recovery of documents.
This is in addition to three more cases of bank fraud in the Vasant Kunj branch of Corporation Bank. Searches were also conducted at 10 places on June 1.
It was alleged that a group of loanees floated various firms for the purpose of cheating the bank fraudulently by taking loans on the basis of fake or forged documents.
The accused bank officials allegedly processed and finalised loan applications without verifying documents and without completing pre-sanction formalities in haste and ultimately the loans became nonperforming assets. The NPAs are said to have caused a loss of `145.48 crore to the bank