• About Us
  • Add Post
  • Contact
  • Contribute For Us
  • Homepage
  • Our Authors
  • Privacy Policy
What's Hot

EU imports extra US LNG than Russia’s fuel, first time in historical past — IEA

July 2, 2022

Euro 2022 seems to interrupt industrial information after banner 12 months for ladies’s recreation

July 2, 2022

Hispanic Republicans Have Democrats Seeing Red in Texas

July 2, 2022
What's Hot

EU imports extra US LNG than Russia’s fuel, first time in historical past — IEA

July 2, 2022

Euro 2022 seems to interrupt industrial information after banner 12 months for ladies’s recreation

July 2, 2022

Hispanic Republicans Have Democrats Seeing Red in Texas

July 2, 2022
Facebook Twitter Instagram
  • About Us
  • Contact
  • Add Post
  • Contribute For Us
  • Privacy Policy
  • Our Authors
Facebook Twitter LinkedIn
BusinessLendBusinessLend
  • NEWS
  • BUSINESS
  • AUTO
  • TECH
  • MONEY
  • STARTUP
  • SUCCESS STORIES
  • OTHER
    • Press Release
    • OPINION
Subscribe
BusinessLendBusinessLend
Home»NEWS»CBI raids 100 locations in 11 states, case of bank fraud worth 3700 crores
NEWS

CBI raids 100 locations in 11 states, case of bank fraud worth 3700 crores

Bhagyashree SoniBy Bhagyashree SoniMarch 26, 2021No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
CBI raids 100 locations in 11 states, case of bank fraud worth 3700 crores
Share
Facebook Twitter LinkedIn Pinterest Email

CBI conducted a special campaign on the complaint of these banks – Indian Overseas Bank, Union Bank of India, Bank of Baroda, Punjab National Bank, State Bank of India, IDBI, Canara Bank, Indian Bank and Central Bank of India.

CBI. (Token picture)

The Central Bureau of Investigation (CBI) on Thursday raided more than 100 places in 11 states of the country. In more than 30 cases of Bank Fraud, these raids were conducted for the fraud of more than 3700 crores. Complaints were filed on behalf of various public sector banks. Complainant banks, on whose complaint the central agency conducted a special operation, include Indian Overseas Bank, Union Bank of India, Bank of Baroda, Punjab National Bank, State Bank of India, IDBI, Canara Bank, Indian Bank and Central Bank of India. .

According to the report, in cases of fraud involving 30 banks, the amount ranging from 20 crores to 1,000 crores can be manipulated. CBI spokesperson RC Joshi said, “Among the various cities / towns raided, Kanpur, Delhi, Ghaziabad, Mathura, Noida, Gurugram, Chennai, Vellore, Tiruppur, Bengaluru, Guntur, Hyderabad, Bellary, Vadodara, Kolkata, West Godavari, Surat, Mumbai, Bhopal, Nimari, Tirupati, Visakhapatnam, Ahmedabad, Rajkot, Karnal, Jaipur and Sri Ganganagar. ”

Accused of converting loan to NPA

Joshi said, “It can be said that CBI is receiving many complaints from various banks in which allegations of fraudulent, forged / forged documents have been submitted by various firms while obtaining loan / credit facility. It is alleged that the defaulters have been made operational due to which loans have become non-performing assets (NPAs), causing huge losses to public sector banks. ”

He said that after the investigation, cases were registered on behalf of the CBI. A thorough investigation is being done to apprehend the culprits. It is an attempt to punish the culprits of the case according to the law and to compensate the loss caused to the public sector bank.

read this also-

Money laundering case: Mehbooba Mufti interrogated for five hours, said – misuse of central agencies

Supreme Court quits FIR lodged against journalist Patricia Mukhim, accused of disturbing communal harmony through FB post

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Bhagyashree Soni
  • Facebook

Bhagyashree Soni is a software engineer with soft writing skills. She is a degree holder from the International School of Entrepreneurial Leadership. She has been a state-level badminton champion and chess player. A woman with a forthright attitude enjoys her writing passion as her chosen career. Writing in the context of feminism, social-cause and entreprenurship is her forte.

Related Posts

EU imports extra US LNG than Russia’s fuel, first time in historical past — IEA

July 2, 2022

Euro 2022 seems to interrupt industrial information after banner 12 months for ladies’s recreation

July 2, 2022

Hispanic Republicans Have Democrats Seeing Red in Texas

July 2, 2022

Brussels questions Poland's judicial reforms to unlock EU restoration funds

July 2, 2022

Mukesh Ambani: India’s high businessman begins succession planning

July 2, 2022

The Conservative Supreme Court Has Arrived

July 2, 2022
Add A Comment

Comments are closed.

Advertisement
Editors Picks

Ecuador’s president has little likelihood of implementing reforms

June 17, 2022

Behind Biden's EPA Power Grab

July 1, 2022

Azerbaijan's MoD talks engineering work updates in liberated territories (PHOTO/VIDEO)

May 19, 2022

EX PM Manmohan Singh Tells To Modi Govt to Focus On Economy

September 12, 2019
Advertisement
Latest Posts

EU imports extra US LNG than Russia’s fuel, first time in historical past — IEA

July 2, 2022

Euro 2022 seems to interrupt industrial information after banner 12 months for ladies’s recreation

July 2, 2022

Hispanic Republicans Have Democrats Seeing Red in Texas

July 2, 2022

Business Lend is a platform which brings executives officers, entrepreneurs, and venture capitalist together from different sectors. We keep on connecting with our users with the help of our monthly edition carving our way slowly towards the highest readership.

Facebook Twitter Instagram LinkedIn
Must Read
  • EU imports extra US LNG than Russia’s fuel, first time in historical past — IEA July 2, 2022
  • Euro 2022 seems to interrupt industrial information after banner 12 months for ladies’s recreation July 2, 2022
  • Hispanic Republicans Have Democrats Seeing Red in Texas July 2, 2022

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

© 2022 BusinessLend. Designed by ThemeSphere.
  • About Us
  • Contact
  • Add Post
  • Contribute For Us
  • Privacy Policy
  • Our Authors

Type above and press Enter to search. Press Esc to cancel.