Banking Frauds

CVC shares report on top 100 bank frauds with RBI

New Delhi: Probity watchdog Central Vigilance Commission (CVC) has completed a first-of-its-kind analysis of the top 100 banking frauds, ...Read More

RBI Governor Urjit Patel appears before parliamentary panel; assures steps to strengthen banking system   

RBI Governor Urjit Patel appears before parliamentary panel; assures steps to strengthen banking system   

New Delhi: RBI Governor Urjit Patel today faced tough questions from a parliamentary panel on bad loans, bank frauds, cash crunch and oth...Read More

21 PSBs loses Rs 25, 775 crore to banking frauds in 2017-18, says RTI

21 PSBs loses Rs 25, 775 crore to banking frauds in 2017-18, says RTI

Indore: Twenty-one public sector banks (PSBs) have incurred losses totalling Rs 25,775 crore due to banking frauds in the financial year ...Read More

RBI Governor summoned by parliamentary panel on May 17 to answer queries on banking frauds

New Delhi: A parliamentary panel has called RBI Governor Urjit Patel on May 17 to answer queries on banking frauds and the powers that th...Read More

Aadhaar can do little to stop banking frauds: Supreme Court to Centre

Aadhaar can do little to stop banking frauds: Supreme Court to Centre

New Delhi: The Supreme Court today observed that Aadhaar can do little to stop banking frauds and also questioned the Centre for asking t...Read More

Banking frauds: Dangerous culture of banking distrust

Banking frauds: Dangerous culture of banking distrust

Why is it a crime if an employee cheats the bank by opening fake Letters of Undertaking (LOUs) for Nirav Modi, but it is okay to fool a s...Read More

Banking frauds and eroding public trust

On top of disgust with outright fraud is also the feeling of injustice and unfairness. Small borrowers and farmers are hounded for repaym...Read More

Nirav Modi to Vijay Mallya: India’s economic offenders who are on the run

Nirav Modi to Vijay Mallya: India’s economic offenders who are on the run

Celebrity jeweller Nirav Modi left India just days before the CBI started investigating him in connection with a Rs 11, 300 cr Punjab Nat...Read More

RBI looks to check customer liability in banking frauds

RBI looks to check customer liability in banking frauds

Mumbai: The Reserve Bank is examining limiting a customer’s liability in banking frauds and will soon put in place a framework for the sa...Read More

placeholder

Banking sector frauds up by over 10%: Deloitte

Mumbai :  The number of frauds in the banking sector have increased by more than 10% over the last two years, with retail banking witness...Read More