Bank fraud

ED arrests two promoters of oil firm in Rs 300 crore money laundering case

The promoters are alleged to have cheated banks to the tune of Rs 252 crore (availed from the Punjab National Bank in the name of SVOGL) and Rs 65 crore (availed from the Bank of India in the name of Max Tech).

08 February 2024, 08:09 IST

ED arrests two promoters of oil firm in Rs 300 crore money laundering case

08 February 2024, 08:09 IST

ED arrests 5 persons including former executives in connection with ₹56,000 crore Bhushan Steel bank fraud case

The agency alleged that funds were circulated to infuse capital, buy property and for other personal purposes not intended by the banks.

12 January 2024, 09:09 IST

ED arrests 5 persons including former executives in connection with ₹56,000 crore Bhushan Steel bank fraud case

12 January 2024, 09:09 IST

Nagpur bench of Bombay HC grants bail to scam convict Congress leader Sunil Kedar

Kedar, the five-term MLA from Saoner in Nagpur district, was sentenced to five years in jail on December 22, 2023, by a magistrate's court here in a case related to irregularities at the Nagpur District Central Cooperative Bank (NDCCB) of which he was chairman from 1999 to 2002.

09 January 2024, 14:17 IST

Nagpur bench of Bombay HC grants bail to scam convict Congress leader Sunil Kedar

09 January 2024, 14:17 IST

Baroda UP Gramin Bank branch manager booked for loan fraud

The current branch manager, in his complaint said a departmental investigation in the branch revealed that Ajay Mehra had fraudulently withdrawn Rs 11,98,000 in form of loans between 29 March 2022 and 25 January 2023.

22 December 2023, 14:31 IST

Baroda UP Gramin Bank branch manager booked for loan fraud

22 December 2023, 14:31 IST

Bank fraud case: ED attaches assets worth over Rs 72 crore of former UP MLA, family members

Twenty-seven immovable properties located in Lucknow, Maharajganj and Gorakhpur districts of Uttar Pradesh have been provisionally attached under the provisions of the Prevention of Money Laundering Act (PMLA), ED said.

17 November 2023, 16:19 IST

Bank fraud case: ED attaches assets worth over Rs 72 crore of former UP MLA, family members

17 November 2023, 16:19 IST

Bank fraud case: ED attaches Rs 4-crore worth assets of ex-Kerala Congress leader, man linked to him

The loan 'fraud' case pertains to the Pulpally Service Cooperative Bank located at Pulpally in Wayanad district.

13 November 2023, 17:44 IST

Bank fraud case: ED attaches Rs 4-crore worth assets of ex-Kerala Congress leader, man linked to him

13 November 2023, 17:44 IST

UCO Bank withdraws Munnabhai-style decision to send sweets to defaulters after staff objections

This comes after Finance Minister Nirmala Sitharaman, earlier this year, asked for the loan recovery process to be pursued with sensitivity.

03 November 2023, 11:33 IST

UCO Bank withdraws Munnabhai-style decision to send sweets to defaulters after staff objections

03 November 2023, 11:33 IST

CBI books Mandhana Industries in Rs 975 crore bank fraud

The CBI has registered an FIR against Mumbai-based Mandhana Industries (now GB Global Ltd) for allegedly defrauding a consortium led by Bank of Baroda of Rs 975.08 crore, officials said Tuesday.

19 September 2023, 10:08 IST

CBI books Mandhana Industries in Rs 975 crore bank fraud

19 September 2023, 10:08 IST

'Suit-boot-jhoot sarkar': Cong slams RBI's rule tweaks

'Banking frauds have risen 17-fold under the Modi government...between 2015-2023,' Congress leader Jairam Ramesh said.

14 June 2023, 11:34 IST

'Suit-boot-jhoot sarkar' helping fraudsters: Congress slams RBI's rule tweaks on defaulters

'Suit-boot-jhoot sarkar': Cong slams RBI's rule tweaks

14 June 2023, 11:34 IST

Pune court convicts 11 in Cosmos Bank cyber fraud case

At least 18 persons were arrested from different areas in the case that was executed over 2 days in August 2018

23 April 2023, 12:23 IST

Pune court convicts 11 accused in Cosmos Bank cyber fraud case

Pune court convicts 11 in Cosmos Bank cyber fraud case

23 April 2023, 12:23 IST