Manipulation of Rs. 13,500 crores; Punishment– only a year’s ban
When a lender gives a loan to an unworthy borrower, who obviously defaults, both of them land in a crisis and both can get bankrupted,...
Tag : Bank Fraud
Bank fraud touches unprecedented Rs 71,500 crore in 2018-19: Reserve Bank
New Delhi | Over 6,800 cases of bank fraud involving an unprecedented Rs 71,500 crore have been reported in 2018-19, the Reserve Bank of India has...
Bank fraud touches unprecedented Rs 71,500 crore in 2018-19: Reserve Bank
New Delhi | Over 6,800 cases of bank fraud involving an unprecedented Rs 71,500 crore have been reported in 2018-19, the Reserve Bank of India has...
Banks cannot be absolved of liability for unauthorised withdrawals: Kerala HC
Kochi | The Kerala High Court has said banks cannot be absolved of liability for unauthorised withdrawals from their customers’ accounts. Justice P B Suresh Kumar...
UK agrees to help India in locating fugitive diamond merchant Nirav Modi
British authorities have confirmed to Indian officials that fugitive diamond merchant Nirav Modi, accused of bank fraud worth ₹13,000 crore, is in the U.K. and...