Kabul Bank Fraud

Afghanistan has asked India to return two Indians,  who were senior officials at the Kabul Bank which sank in a $935 million financial scam...

Fixed Deposit fraud in Nationalised Banks

Ministry of Finance ordered the forensic audits in cases of the fixed deposit fraud in Dena Bank and Oriental Bank of Commerce. Apart from the...

Co-operative bank frauds rise to Rs.727 crores

National Bank for Agriculture and Rural Development (NABARD) has pulled up regional rural banks, state and district cooperative banks for substantial rise in value of frauds. Present...

India loses more than 17000 crores to bank frauds

Indian banks have lost more than 17000 crores to frauds in more than 26000 instances of frauds reported in the year 2012-13. Report published...

Lloyds considering action against KPMG

Lloyds banking group is considering legal action against KPMG in HBOS Bank Audit. Accountancy giant KPMG in the UK is under scanner over the...