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  Attention! UPI, payments frauds soar high in eastern Indian states: Report

  Business | May 01, 2021 14:37 IST

  The top scamsters are from Patna, Chandigarh, Kolkata and Meerut for one of the top payment apps (at 15 per cent) and most QR Code scams originate from Assam, accounting for 20 per cent of the total distribution.

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  Attention SBI Customers! Bank issues important alert on QR code fraud, says never do THIS mistake

  Business | April 28, 2021 14:13 IST

  Following this, India's largest lender State Bank of India (SBI) has warned its customers about QR code scans fraud. As Online transactions have become a necessity in pandemic times, one must be extremely vigilant and cautious while carrying it out.

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  Delhi: Father-daughter duo duped of Rs 4 lakh on pretext of updating KYC of bank account

  Crime | April 07, 2021 12:48 IST

  The caller posed himself as a Bank executive and asked her father to share their bank account details, including the one-time password (OTP) that she received on her mobile phone. But, as soon as the complaints realized something fishy, the net banking password was changed.

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  CBI conducts searches at over 100 locations in cases of bank fraud amounting to Rs 3700 crore

  India | March 25, 2021 21:21 IST

  The Central Bureau of Investigation (CBI) on Thursday conducted searches at more than 100 places across India in connection with more than 30 cases of bank fraud amounting to over Rs.3700 crore.

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  Odisha doctor duped of Rs 77 lakh on pretext activating blocked ATM card

  Crime | February 19, 2021 15:08 IST

  The state police's crime branch has started an investigation into the cyber fraud case in which over Rs 77 lakh went missing from the bank accounts of the doctor

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  UP youth forges Aadhaar to open 'fake' bank accounts; defrauds top banks including, HDFC, ICICI

  Crime | February 12, 2021 11:31 IST

  The accused had opened, at least, 10 fake accounts in various banks including the Axis Bank, ICICI, IDBI, and IndusInd bank and applied for loans in HDFC Bank and Bajaj Finance.

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  Big bank fraud! Hyderabad-based company dupes SBI, other banks for over Rs 4,736 crore

  Business | January 09, 2021 17:17 IST

  The Central Bureau of Investigation (CBI) on Saturday booked Hyderabad-based Coastal Projects Ltd and its directors in connection with over Rs 4,736 crore bank fraud in a consortium of banks led by the State Bank of India (SBI).

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  Rs 3,269 crore fraud! CBI books Shakti Bhog Foods for duping SBI-led group of banks

  India | January 01, 2021 20:32 IST

  The CBI has booked Kewal Krishan Kumar, MD of the company, and other directors Siddhrath Kumar and Sunanda Kumar, on a complaint lodged by the SBI, officials said.

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  SBI, Punjab and Sind Bank allegedly cheated of over Rs 131 crores; CBI registers cases

  Business | December 26, 2020 16:12 IST

  ​The State Bank of India and Punjab and Sind Bank have been allegedly cheated of over Rs 131 crores in two separate cases of fraud.

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  Canara Bank's exposure to Transstroy India is Rs 678.28 cr

  Business | December 20, 2020 7:55 IST

  It said that Transstroy India Ltd (TIL), established in 2001, is in the business of developing roads, bridges, tunnels, highways etc.

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  Major Bank Fraud! SBI, PNB, Bank of Baroda among banks cheated of Rs 525 crore

  Business | December 17, 2020 19:59 IST

  In a major banking fraud, prominent banks in the country have been cheated of over 500 crore rupees. The Central Bureau of Investigation (CBI) has registered two separate cases relating to the bank frauds.

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  Total bank frauds rise more than double to ₹1.85 trillion in FY20: RBI

  Business | August 26, 2020 22:34 IST

  The annual report of Reserve Bank of India showed that the banks frauds of ₹100,000 and above have more than doubled in value to ₹1.85 trillion in FY20, with the number of such cases increasing 28% in the same period.

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  Yes Bank fraud case: HC grants bail to Wadhawan brothers

  India | August 20, 2020 12:54 IST

  The Bombay High Court on Thursday granted bail to Dewan Housing Finance Corporation Ltd promoters Kapil Wadhawan and Dheeraj Wadhawan, who have beenaccused of money laundering by the Enforcement Directorate in the multi-crore Yes Bank fraud case.

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  Pakistan-origin men arrested in US on charges of bank fraud

  World | July 07, 2020 10:53 IST

  US prosecutors have charged seven people, several of whom are of Pakistani origin, for bank fraud amounting to USD3.5 million over two years.Five of them were arrested Monday

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  Bank ALERT: Cyber criminals to target customers promising free COVID-19 tests

  Fyi | June 27, 2020 15:00 IST

  Amid pandemic when people are active online more than ever, the risk of them being targeted through cyberattacks has also increased. In order to make people aware, banks are now making aware customers and sending alert messages asking them not to share confidential information.

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  Loan moratorium: Banks ask customers to be cautious against frauds

  Business | April 10, 2020 18:49 IST

  Several banks have cautioned their customers against possible attempts by fraudsters as they became active to exploit the three-month loan repayment moratorium offer in the wake of the coronavirus outbreak, officials said on Friday.

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  Bank fraud: ED attaches Rs 18-crore assets of Gujarat firm

  India | January 01, 2020 17:22 IST

  Nine wind turbine generators and land, belonging to a Gujarat-based company, worth over Rs 18 crore have been attached by the ED in connection with its probe in an alleged bank fraud case, the agency said on Wednesday.

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  CBI carries out searches at 13 locations in Rs 568.52 crore bank fraud

  India | December 12, 2019 17:53 IST

  The CBI carried out searches at 13 places in Mumbai and Lonavala on Thursday after registering a case in a bank loan fraud worth Rs 568.52 crore by P&S Jewellery Limited.

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  CBI searches 169 places in bank frauds worth Rs 7,000 cr

  India | November 05, 2019 12:26 IST

  The official said the agency has registered around 35 cases related to bank frauds involving Rs 7,000 crore. The official, however, did not reveal the names of the banks or the accused involved in the case.

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  PMC Bank used more than 21,000 fake accounts to hide loans: Report

  Business | October 02, 2019 14:33 IST

  PMC Bank Crisis: Week after RBI's restriction on Punjab and Maharashtra Co-Operative (PMC) Bank from doing "any kind of business' and put a limit on cash withdrawals by depositors, a shocking detail has emerged.