CBI books ABG shipyard for biggest bank loan fraud
The company allegedly cheated a consortium of banks led by State Bank of India of over Rs 22,842 crore
Two held for fraudulently withdrawing Rs 97,500 from MP Sakshi Maharaj's bank account
The accused have been identified as Dinesh Rai and Nihal Sinha, both residents of Patna in Bihar
Mumbai Crime Branch busts racket providing fake COVID-19 travel e-pass
One of the officers posed as a customer to catch the culprits.
Bank fraud: ED attaches over Rs 56-cr assets of Ahmedabad company
The agency issued a provisional order for attachment of 37 immovable properties of Sai Infosystems I (SIS) Ltd and others under PMLA.
India probes Lakshmi Vilas Bank directors for alleged fraud
Religare Finvest has accused Lakshmi Vilas of misappropriating 7.9 billion rupees it kept with the bank as a fixed deposit.
Nirav Modi remanded to custody by UK court until October 17
Nirav Modi has been long fighting in the PNB scam, where he swindled away Rs 11,000 crore from Punjab National Bank.
Bank frauds take 74pc leap to Rs 71,543 crore in FY19: says Reserve Bank's annual report
Report states, ‘balance in contingency fund as of June 30, 2019 was Rs 1.96 lakh crore compared to Rs 2.32 lakh crore as of June 30, 2018.’
Kamal Nath's nephew Ratul Puri arrested in Rs 354 crore bank fraud
The Central Bureau of Investigation (CBI) had also filed a First Information Report (FIR) in the case and raided six locations on Monday.
Forensic audit found Rs 3,800 crore fraud, says Punjab National Bank
The PNB has been defrauded of over Rs 13,000 crore in a separate scam that came to light last year.
3 including ex-manager, officer of IOB in Tamil Nadu held for fraud
Based on a complaint from regional manager of the bank, a special police team investigated into the fraud and arrested three, they said.