CBI books private firm, directors in ₹12.72 crore bank loan fraud case

The CBI has filed a case against Jaylon Impex India for a ₹12.72 crore bank fraud involving Indian Bank, accusing it of misusing loan funds.

Mumbai News: CBI Registers Case Against Private Firm For ₹12.72 Crore Fraud On Indian Bank

Mumbai, Feb 01: The Central Bureau of Investigation (CBI) has launched an investigation against a private limited company for allegedly causing a loss of Rs 12.72 crore to e-Allahabad Bank (now Indian ...

Ex-manager held in Kolkata bank fraud cases after 20 years

Bengaluru: CBI Thursday arrested an absconding accused from Bengaluru in connection with three bank fraud cases registered in Kolkata.Krishnamurti Rag.

One-button freeze for bank accounts? How a kill switch, fraud insurance could reshape India’s fight against digital scams

The concept involves integrating a single-button option within UPI or bank apps, enabling customers to stop all financial activity the moment they sense fraud ...
Bar and Bench

Bank fraud: Anil Ambani to not leave India; Supreme Court orders ED to set up SIT

The Supreme Court on Wednesday directed the Enforcement Directorate (ED) to constitute a Special Investigation Team (SIT) dedicated to investigating allegations ...
Outlook Business

RBI Launches ₹25,000 Cover for Digital Fraud Victims in India — What It Means for Account Holders

The Reserve Bank of India launches a ₹25,000 compensation framework for victims of digital fraud, offering relief and ...