banking fraud Archives - Banking Finance - News, Articles, Statistics, Banking Exams, Banking Magazine

Enforcement Directorate Raids RJD MLA, Others in Bihar Cooperative Bank Case

February 17, 2025 admin 0 Comments Alok Kumar Mehta, banking fraud, Bihar, Bihar politics., cooperative bank scam, cooperative banking, ED raids, Enforcement Directorate, fake loan accounts, financial fraud, fund embezzlement, LIC receipts fraud, Money Laundering, RJD MLA, Vaishali Shahri Vikas Cooperative Bank

The Enforcement Directorate (ED) conducted searches at 18 locations, including premises linked to RJD MLA and former Bihar minister Alok

Banking Article Banking Finance Year 2025 February 2025

DECODING FINANCIAL CRIME OF MONEY LAUNDERING

February 14, 2025 admin 0 Comments AML compliance, AML regulations, anti-money laundering, banking fraud, compliance, FATF, Financial crime, financial security, Laundering, risk-based approach

Abstract: This article is about the definition & concept of financial crime of money laundering. The article explains the different

Banking Finance Year 2025 January 2025

Wilful defaults: RBI reveals top 100; 2,664 corporates owe Rs. 1.96 lakh cr

January 15, 2025 admin 0 Comments ABG Shipyard, bank loan default, banking fraud, CBI investigation, Concast Steel, corporate default, ED probe, Financial crime, fraud cases, Gitanjali Gems, Indian Banking Sector, Mehul Choksi, NCLT, Nirav Modi, rbi, wilful defaulters, Winsome Diamonds

A STAGGERING 2,664 corporates have been classified as wilful defaulters, failing to repay bank loans despite having the means to

Banking Finance Year 2024 October 2024

Banking Editorial October 2024

October 9, 2024 admin 0 Comments banking fraud, climate risk resilience, fintech competition, Generative AI in banks, ICII 2024, inclusive insurance, Indian banking transformation, monetary policy tightening, MSME growth, sustainable marketing

The Indian banking sector is witnessing a transformative phase, driven by advancements in technology, sustainability, and evolving market dynamics. One

Banking Finance Year 2024 October 2024

Fraud Risk Management in Banking

October 9, 2024 admin 0 Comments AI in fraud detection, banking fraud, customer authentication, external fraud, fraud detection, fraud prevention, fraud risk management, internal fraud, RBI GUIDELINES, Regulatory Compliance

Fraud risk management is a fundamental aspect of overall Risk Management within the banking sector. In India, banks adhere strictly

Reserve Bank Corner

New Regulations set by RBI in the wake of banking fraud

March 11, 2021March 20, 2021 admin 0 Comments banking fraud, digital payments, New Regulations, rbi

With an objective to tighten security on digital payments, RBI has recently issued a new set of rules which are