According to the police, Nani targeted middle aged women, who work for meagre wages and promised them loans for their jewelry and decamped with the gold after diverting their attention.
Indian Bank's total income rose to Rs 11,669.11 crore during September quarter this year from Rs 6,045.32 crore in the same period of the previous fiscal, it said in a regulatory filing.
Puranam Shiva Kumari of Vijayawada in Andhra Pradesh used to take loans from people from different sections, then disappear, said CI Satyanarayana Reddy