Bank Fraud

Banks Lost Rs 6.6 Lakh Crore As Bad Loans Under PM Modi: 3-Times More Than Congress' Rule The Modi Government in a bad light! As per Reserve Bank of India (RBI) data, Banks operating in India have written off bad loans worth Rs 660…

RBI Will Control 1,540 Cooperative Banks With 8.5 Cr Customers, Rs 5 Lakh Cr Deposits; But Why? In an attempt to address weaknesses in the cooperative banking sector and avoid duplication of scams like The Punjab and Maharashtra…

School Robbed Of Rs 30 Lakh Via Fraud At Indian Bank; Supreme Court Orders Bank To Pay Rs 25 Lakh As Compensation In yet another case of online fraud, the Supreme Court has ordered the bank to compensate the full amount that the victim…

HDFC issues strict warning against this app AnyDesk is an app that was originally developed for the purpose of remote accessing desktops and mobiles remotely, but it is being grossly misused by fraudsters to extort money from unassuming…

Last month, Reserve Bank of India had issued a warning to all users against using an app called AnyDesk, which was used by fraudsters to steal money from bank accounts. RBI had advised everyone to immediately uninstall AnyDesk app from…

Imagine your bank account getting robbed after you received missed calls at night. Yes, this is a possibility, as this has actually happened, in Mumbai. Rs 1.86 crore was siphoned-off from a businessman’s bank account after he…

This fraud was unearthed after Mrudula Koduri, Assistant Manager, SBI Cards and Payments Services complained to Cyber Police regarding unauthorised transactions being done on SBI Credit Card holders.

The Central Bureau of Investigation has exposed yet another bank fraud worth Rs 824.15 crores against the Chennai-based jewellery chain Kanishk Gold Pvt Ltd. after State Bank of India (SBI) filed a complaint against Kanishk Gold of cheating…