Banking Frauds

Understanding the Significance of KYC Certification in Co-operative Banks

In the ever-evolving financial landscape, cooperative banks in India have emerged as vital institutions, catering to the unique needs of their members and local communities. One crucial aspect of...

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...

Rising Concern: Money Laundering in Cooperative Banks

Cooperative banks, once perceived as pillars of financial stability, now face scrutiny due to their involvement in money laundering activities. Bank officials, entrusted with...

Pre-disbursement Due Diligence

Pre-disbursement due diligence refers to the process of conducting a comprehensive review and analysis of the potential borrower's creditworthiness, financial health, business operations, and...

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...

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...

Certification to Identify and Investigate Banking Frauds

Certified Bank Forensic Accountant is the part of Banking fraud certifications offered by Indiaforensic. It is one of the first certifications in the domain...

CBFA – Certified Bank Forensic Accounting

Certified Bank Forensic Accountant is one of the oldest professional courses offered by the Indiaforensic Center of Studies. Additionally, it helps the bankers and...

Syllabus – Certified Bank Forensic Accounting

Syllabus for CBFA Certification in Bank Forensic Accounting emphasize a forensic rather than a control-based or risk management approach to the analysis of bank governance...

Kammer, World Bank and Indian frauds

“I participated to Indiaforensic’s (IF) fraud conference in June 2008, and, despite IF being a young organization, I was extremely impressed by the capacity...