Rs 35.89 cr bank fraud: CBI raids on Directors of Paramshakti Steels Ltd in Nagpur
Nagpur: A team of Central Bureau of Investigation (CBI) on Thursday conducted searches at the office and residential premises of Directors of Paramshakti Steels Ltd Rajendra Kumar Choudhary, Pankaj A Ranka and Sumeet O Ahuja in Nagpur, Mumbai and Thane...
Couple defrauds Syndicate bank with Rs 15 lakh against car loan
Nagpur: A couple has allegedly duped Gandhibagh branch of Syndicate Bank to the tune of Rs 15 lakh in car loan fraud. Ganeshpeth police have booked the accused identified as Swapnil Jaikumar Dixit,Punam Swapnil Dixit,bothe residents of Plot No. 52,...
Frauds cost Rs 18,170 cr to banking sector in FY17: Report
New Delhi: The domestic banking sector reported a total of 12,553 fraud cases worth Rs 18,170 crore in fiscal 2016-17, with state-run Bank of Maharashtra registering the highest number of such cases, says a report. While Bank of Maharashtra reported 3,893...
RTI stunner: Banks report fraud of Rs 23,933 crore in 5077 cases in 2016-17
Representational Pic Nagpur: Behold! This RBI information will leave you stunned. The number of frauds in nationalised banks reported in the financial year 2016-17 stood at 5077 and the amount involved is staggering Rs 23,933.91 crore. The frauds pertained to...
Two con men defraud doctor with over Rs 19 lakh in bank deal
Nagpur: Two con men, in a well-planned conspiracy, not only procured a cheque book from a bank in the name of a doctor but transferred a staggering Rs 19 lakh into one of their accounts through a banking transaction. Later,...
