Credit Facility Fraud
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Loan Fraud: Mumbai Court Rejects Kochhars's Demand For Home Food, Bed
The CBI alleged that ICICI Bank sanctioned credit facilities to the tune of Rs 3,250 crore to the companies of Videocon Group in violation of the Banking Regulation Act, RBI guidelines and the credit policy of the bank.
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Couple Avails Rs 19 Crore Credit Facility From Bank Using Fake Papers
A 66-year-old woman was arrested on Tuesday for allegedly cheating a private bank after availing credit facilities for Rs 19 crore using forged documents, police said.
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Enforcement Directorate Arrests Man In Rs 750 Crore Bank Loan Fraud Case
The Enforcement Directorate (ED) has arrested a person in connection with a money laundering case linked to an alleged Rs 750 crore bank loan fraud committed by misusing credit facilities, the central probe agency said on Saturday.
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2 Years After Businessman Leaves India, Banks Allege Rs 350 crore Fraud
Manjit Singh Makhni, the Director of Punjab Basmati Rice Ltd, has skipped the country after defrauding a Canara bank-led consortium of six banks to the tune of around Rs 350 crore, sources told NDTV. Manjit Singh Makhni is now in Canada, the sources said.
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RBI Asks Banks To Provide Facility To Switch On, Off Debit, Credit Cards To Prevent Frauds
The RBI on Wednesday asked banks and other card-issuing companies to provide facility to customers to switch on and off their debit or credit cards.
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CBI Files Case Against Haryana Timber Firm In Rs 155 Crore Oriental Bank Fraud
The CBI has registered a fresh bank fraud case amounting to Rs 155.21 crore which was sanctioned by Oriental Bank of Commerce (OBC) to avail credit facility to Haryana's Karnal-based timber firm Mahesh Timber Private Limited (MTPL).
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CBI Registers Fresh FIR Against Nirav Modi
The CBI has registered a fresh case against billionaire jeweller Nirav Modi in connection with the alleged fraud in credit facilities extended by Punjab National Bank, causing a loss of Rs 321 crore to it, officials said.
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Loan Fraud: Mumbai Court Rejects Kochhars's Demand For Home Food, Bed
The CBI alleged that ICICI Bank sanctioned credit facilities to the tune of Rs 3,250 crore to the companies of Videocon Group in violation of the Banking Regulation Act, RBI guidelines and the credit policy of the bank.
-
Couple Avails Rs 19 Crore Credit Facility From Bank Using Fake Papers
A 66-year-old woman was arrested on Tuesday for allegedly cheating a private bank after availing credit facilities for Rs 19 crore using forged documents, police said.
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Enforcement Directorate Arrests Man In Rs 750 Crore Bank Loan Fraud Case
The Enforcement Directorate (ED) has arrested a person in connection with a money laundering case linked to an alleged Rs 750 crore bank loan fraud committed by misusing credit facilities, the central probe agency said on Saturday.
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2 Years After Businessman Leaves India, Banks Allege Rs 350 crore Fraud
Manjit Singh Makhni, the Director of Punjab Basmati Rice Ltd, has skipped the country after defrauding a Canara bank-led consortium of six banks to the tune of around Rs 350 crore, sources told NDTV. Manjit Singh Makhni is now in Canada, the sources said.
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RBI Asks Banks To Provide Facility To Switch On, Off Debit, Credit Cards To Prevent Frauds
The RBI on Wednesday asked banks and other card-issuing companies to provide facility to customers to switch on and off their debit or credit cards.
-
CBI Files Case Against Haryana Timber Firm In Rs 155 Crore Oriental Bank Fraud
The CBI has registered a fresh bank fraud case amounting to Rs 155.21 crore which was sanctioned by Oriental Bank of Commerce (OBC) to avail credit facility to Haryana's Karnal-based timber firm Mahesh Timber Private Limited (MTPL).
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CBI Registers Fresh FIR Against Nirav Modi
The CBI has registered a fresh case against billionaire jeweller Nirav Modi in connection with the alleged fraud in credit facilities extended by Punjab National Bank, causing a loss of Rs 321 crore to it, officials said.
