Equitable Mortgage Frauds in Indian Banks

Loans have become more accessible these days as banks are facilitating equitable mortgage, wherein you can pledge your property documents with the bank and...

Co-operative Bank in Money Laundering

Cooperative banks have once again come under the scanner of the income-tax (I-T) department. While the department suspects a mega fixed deposit (FD) scam...

Pre-disbursement Due Diligence

Recent headlines around rising Non Performing Assets (NPAs) in India have brought a myriad of challenges faced by banks and financial institutions into the...

A critical analysis of Banking Codes and Standards (BCSBI)

The first thought a common Indian gets seeing BCSBI words are? Is this some new subsidiary or part of the SBI group? Sadly, this...

RFID card would open new avenues for fraudsters in India

ICICI Bank announced the launch of its contactless credit cards on 7th January'2015. This is a going to be a big game changer technology...