Monthly Archives: March 2013

Banking related frauds are on rise in India. The intensity and number of such banking related crimes has also increased a lot. This is an alarming situation where our regulatory authorities must take immediate and stringent against the culprits. For … Continue reading →

Many of the readers of this Blog may be aware that ICICI, HDFC and Axis Banks have been accused of indulging in Money Laundering and Benami Transactions. While Finance Ministry and Reserve Bank of India (RBI) are Investigating Money Laundering … Continue reading →

Banking frauds in India have crossed all the limits and there is an urgent need on the part of Reserve Bank of India and Finance Ministry of India to take strict penal action against the offending banks. RBI has in … Continue reading →

Banking frauds in India have increased tremendously. This is partly due to lack of stringent banking fraud laws in India and partly because the Reserve Bank of India (RBI) has failed to do the needful in this regard. ATM frauds, … Continue reading →

Banking frauds in India have reached a level where if immediate action is not taken then public would loose faith in the banking industry of India. As per media reports, it has been alleged that senior executive of private banks … Continue reading →