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Big fraud in HDFC Bank, savings worth crores put at stake in IPL betting
A customer narrating his ordeal said that he tried to withdraw the amount deposited in FD for his daughter's marriage, but found out that Rs 5 lakh had already been withdrawn from his account. HDFC ...
4 arrested for Rs 2.47 crore bank fraud case in Chennai
Four individuals have been arrested in Chennai for defrauding HDFC Bank of Rs 2.47 crore through a bank fraud scheme ...
Private lenders 'AI'm to tool up better against fraudsters
Private banks in Mumbai are utilizing AI and advanced technology to enhance security and prevent fraud. They are introducing ...
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RBI Slaps Rs75 Lakh Penalty on HDFC Bank for Non-compliance of KYC Directions
The Reserve Bank of India (RBI) has imposed a penalty of Rs75 lakh on HDFC Bank Ltd for non-compliance with directions issued ...
Positive Pay System: Know how it prevents cheque fraud and secures high-value transactions
The Positive Pay System (PPS) by the RBI enhances cheque security by requiring issuers of cheques over ₹50,000 to ...
Four men from Andhra Pradesh arrested for bank fraud
The Anti-Bank Fraud Wing of the Central Crime Branch has arrested four men from Andhra Pradesh for allegedly obtaining ...
Mumbai Crime: 58-Year-Old Retired Man Loses ₹12 Lakh In Online Share Market Scam; FIR Filed
Mumbai: A 58-year-old retired man lost Rs12 lakh in an online share market investment scam. He saw a share market investment ...
Hyderabad firm defrauds depositors of Rs 78 lakh
HYDERABAD: A finance company allegedly defrauded several people in the city of over Rs 78 lakh under the pretense of offering ...