Bank Fraud  

India's biggest ever banking scam is unravelling in Andhra Pradesh after the Central Bureau of Investigation booked directors of Transstroy (India) Limited for alleged bank fraud of over Rs 7,926 crore.
 

The Reserve Bank of India has now revised the withdrawal limit of PMC bank. Now depositors can withdraw Rs 50,000.
 

73-year-old Bharti Sadarangani died of heart attack in Mumbai. Her son-in-law claimed that she was stressed about the future of her daughter as she had deposited her life savings of Rs 2.5 crore in PMC bank.

The Central Board of Direct Taxes (CBDT) has issued a clarification reacting to media reports that documents of investigation on defaulters, Nirav Modi and Mehul Choksi have been gutted in a fire in the IT department office. The clarification states that the papers of both the defaulters were shifted before the office was gutted.

People are receiving an increasing number of fake calls claiming to be from banks including RBI after demonetisation.