CBI books ABG Shipyard, directors in biggest bank fraud case

CBI books ABG Shipyard, directors in biggest bank fraud case

ABG Shipyard Ltd, which is engaged in shipbuilding and ship repair, will go down as the biggest bank..

  • 13 February 2022
RBI’s report card on banking frauds in H1 of FY22

RBI’s report card on banking frauds in H1 of FY22

The number of fraud cases in banking operations has increased while its value has fallen during the ..

  • 29 December 2021
Banks can sell fraud loans to ARCs: RBI

Banks can sell fraud loans to ARCs: RBI

The Reserve Bank of India (RBI) has allowed lenders to sell loans classified as fraud to asset recon..

  • 24 September 2021
RBI cautions against fraud in name of KYC updation

RBI cautions against fraud in name of KYC updation

The Reserve Bank of India (RBI) has cautioned bank customers against frauds in the name of KYC updat..

  • 14 September 2021
ED recoups Rs 9,371 cr for banks in Mallya, Nirav Modi and Choksi fraud cases

ED recoups Rs 9,371 cr for banks in Mallya, Nirav Modi and Choksi fraud cases

Seized assets of fugitive businessmen Vijay Mallya, Nirav Modi and Mehul Choksi worth Rs 9,371.17 cr..

  • 23 June 2021
Bank frauds 25% less in a year amidst Covid-19: RBI

Bank frauds 25% less in a year amidst Covid-19: RBI

Bank frauds in the Covid-19 pandemic year fell by 25% in value terms to Rs 1.38 lakh crore, accordin..

  • 27 May 2021