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New Fraud in Banks: RBI Issues Warning
The RBI states that internal accounts in banks are being misused for fraudulent activities. Fake transactions are being carried out through these acco
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Banks staff in sensitive positions to get 'surprise leave'
The move is part of RBI's risk management norms that are aimed at curbing frauds and scams
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Bank fraud: ED arrests Shakti Bhog CMD in money laundering case
According to the SBI, the directors allegedly falsified accounts and forged documents to siphon off public funds.
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Banks are alerting customers about a new cyber fraud
Cybercrime expert tells Money9 that it is prudent not to click on any link, whether it comes through email, SMS or WhatsApp, unless one knows the send
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Bank frauds drop to Rs 1.38 lakh crore in FY21: RBI annual report
As per the report, public sector banks contributed 59.2% of the total value of frauds at Rs 81,901 crore, while private sector banks contributed 33.5%
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RBI strengthening institutional mechanism to prevent bank frauds: Nirmala Sitharaman
We have been engaging with the RBI to ensure that the regulatory functions and supervisory function of the RBI are strengthened, said Finance Minister
