Banking fraud

Lookout circulars issued against ABG Shipyard directors in Rs 22,842 crore loan fraud case

The firm was involved in a scam of Rs 22,842 crore loan lent to it by 28 banks, including the complainant -- the State Bank of India.

published on : 15th February 2022

ICICI-Videocon loan case: Adopt ‘best practices’ Chanda Kochhar, and quit

Allahabad Bank CEO & MD Usha Ananthasubramanian has been shorn off her executive powers but the big question is why has Chanda Kochhar, MD & CEO of ICICI Bank, being left off the hook?

published on : 19th May 2018

Narendra Modi hosted 'Mehul Bhai' of banking fraud at his official residence

In the midst of a raging controversy over the Rs.11,500 banking scam, a video has surfaced of Prime Minister Narendra Modi hosting fugitive Gujarati jeweller Mehul Choksi at his official residence.

published on : 16th February 2018