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You Searched For "banking loan fraud" and got 20 results


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2 mins read

Three out of 5 consumers think it's normal to exaggerate income on loan applications: Survey

"Three in five consumers (63 per cent) think it is OK or normal for people to exaggerate their …

PTI   


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3 mins read

DHFL scam, simplified: Here’s all about the Dheeraj Wadhawan case — allegedly India’s biggest banking loan fraud ever

The CBI also explains that the Wadhawans had allegedly created lakhs of fake borrowers by randomly …

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2 mins read

SBI fraud case: CBI finally arrests offender who frequently changed identity, was proclaimed dead by court

​​A CBI press release said V Chalapathi Rao avoided arrest by frequently changing his identity and …

PTI   


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RBI mandates banks to set up committees for inspection of fraud cases after the SC ruling

As per the revised directions of Reserve Bank of India (RBI), the lenders have to issue a detailed …

ANI   


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Corp affairs ministry probing Chinese cos linked to loan apps; investigations at advanced stages

The corporate affairs ministry is probing various Chinese companies, especially those with links to…

PTI   


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3 mins read

Chanda Kochhar, her husband's arrest in loan fraud case amounts to abuse of power by CBI: HC

The arrest of ICICI Bank's former Managing Director and Chief Executive Officer (CEO) Chanda Kochha…

PTI   


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Removed Angel Tax, taking policy measures to promote fintech sector: PM Modi

Lauding the fintechs for democratising financial services, Modi said the sector, which has attracte…

PTI   


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3 mins read

NY appellate judges voice serious doubts about Trump's $454M civil fraud verdict

Manhattan appellate judges voiced skepticism Thursday over the state AG's 'mission creep' and lack …

Laura Italiano   


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3 mins read

Hyderabad man uses online trading app to try and earn some extra money, loses Rs 8 lakh

A 40-year-old Hyderabad man lost Rs 8.17 lakh to an online investment scam after being lured via ra…

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3 mins read

Trump's already massive New York civil fraud penalty has grown by $24M in interest ahead of a Thursday court showdown

As his lawyers hit appellate court Thursday, Trump's NY civil fraud penalty, swollen by $111,984 in…

Laura Italiano   


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2 mins read

Meet the billionaire 'king of subprime car loans' whose company underwrote Trump's $175 million civil fraud bond

Don Hankey is worth an estimated $7.4 billion and built an empire on subprime car loans — and used …

Ana Altchek   


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3 mins read

India's digital economy poised to constitute 1/5th of GDP by 2026, highlights RBI report

Several enabling forces have come together to energise this revolution. Although internet penetrati…

PTI   


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2 mins read

Trump's NY fraud judge declines to recuse himself over 'nothingburger' hallway conversation

Trump's lawyers had said Judge Arthur Engoron improperly spoke about the case outside the courtroom…

Laura Italiano   


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1 min read

Bombay HC frowns at PNB for inaction on diamantaire Nirav Modi's loan frauds

The Bombay High Court has pulled up the Punjab National Bank (PNB) for not taking steps to recover …

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2 mins read

Retired director of MNC loses ₹25 crore to cyber fraudsters who posed as cops, CBI officers

According to them, the victim sold her and her mother's shares and mutual fund investments and e…

PTI   


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A woman in Brazil was arrested after she seemingly attempted to get a dead body in a wheelchair to sign for a bank loan

The woman insists that the man, who she said was her uncle, was still alive when they entered the b…

Polly Thompson   


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3 mins read

At Trump's NY fraud trial, a rep for 'victim' Deutsche Bank wouldn't use the F-word for fraud

A representative for Deutsche Bank, which NY officials say Trump defrauded, acted nothing like a vi…

Laura Italiano   


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ICICI fraud: Special court rejects Dhoot's plea against arrest, Kochhars' demand for home food, bed

Dhoot had challenged his arrest claiming it was illegal and sought immediate release from the case.…

PTI   


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Nirav Modi's solar power plant up for auction to salvage PNB dues

The Debt Recovery Tribunal-I here has put up a solar power plant belonging to a group entity of the…

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1 min read

Loan fraud case: Chanda Kochhar, her husband Deepak Kochhar released from jail

Former ICICI Bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar were released from jail …

PTI