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Bank of Baroda Seized College in Pune College Over Rs.32 Crore Debt


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In a startling development, the Bank of Baroda has seized Abhinav Education Society’s College of Engineering and Technology in Vadwadi, near Bhor, Pune, due to unpaid dues amounting to ₹32 crore. Acting on a court order, the bank has taken possession of the entire 14-hectare campus, including the college buildings, hostels, and other facilities.

This sudden action has left approximately 800 hostel students without accommodation and disrupted the education of over 1,650 students. The seizure has also affected 250 students enrolled in the English medium school on the campus.

Bank officials had attempted to seize the property two months ago but were met with protests from students, who delayed the action. This time, the seizure occurred after classes ended, and the bank deployed 24-hour security guards to secure the premises.

Rajiv Jagtap, President of Abhinav Education Society, stated, “We are in discussions with the bank to ensure the college reopens soon to prevent academic losses. Online education will commence as an interim measure, and we are making every effort to resume offline classes before the January 17 exams.”

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