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Tuesday, February 3, 2026
TopicBank frauds

Topic: bank frauds

Rs 580 cr lost to digital payment frauds in last 5 yrs, only 43% recovered—govt to Parliament

Maharashtra, Haryana, Delhi & Tamil Nadu top the chart when it comes to these frauds. Together, they account for 69% of the total reported frauds, according to FinMin data.

Much before Punjab & Maharashtra Bank, there was the BCCI – Bank of Crooks and Criminals

In ‘Corporate Frauds’, Robin Banerjee writes about the Bank of Credit and Commerce International, which had accounts of Jimmy Carter, James Callaghan, Saddam Hussein, and arms traders.

How scam-accused DHFL ex-promoter Dheeraj Wadhawan spent more time at ‘5-star’ hospital than jail

Dheeraj Wadhawan of Dewan Housing Finance Corporation Limited (DHFL) was denied bail after 2020 arrest in Yes Bank-related case, but spent only 9 out of last 24 months in jail.

Front companies, corrupt govts, banks that vanish overnight — how global kleptocrats unite

In ‘Kleptopia’, Tom Burgis follows how dirty money floods the global economy when crisis hits democracies and kleptocrats see an opportunity to seize power.

Serious lapses by banks are behind bad loans crisis: Central Vigilance Commission

CVC identifies 100 bank frauds to understand and prescribe solutions, so that the systemic failure which led to a surge in NPAs can be addressed.

On Camera

Floundering PM Internship Scheme has seen 44% drop out since 2024 launch. Budget deals drastic blow

Only 21 percent of interns complete programme as Centre slashes budget by over 50% after poor joining and high attrition.

CDS Gen Chauhan in Armenia, focus on deeper defence ties including new deals

Armenia has procured significant defence equipment from India, including artillery guns, multi-barrel rocket launchers, air defence system, sniper rifles, weapons locating radars, anti-drone weapons.

Swiss report should now close Op Sindoor debate. Knowing when to stop the fight is key too

The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military.