Bank Fraud

In a dramatic escalation of India’s banking fraud crackdown, Anil Ambani, the once-mighty Reliance Group figurehead, returned to CBI offices Friday for day two of interrogation. The Rs 2,929 crore …

In a dramatic escalation of India’s banking fraud crackdown, Anil Ambani, the once-prominent Reliance Group chairman, endured an exhaustive eight-hour grilling by the Central Bureau of Investigation (CBI) on Thursday. …

The financial storm surrounding Anil Ambani intensified dramatically on Friday as Enforcement Directorate teams swooped down on around a dozen locations in Mumbai tied to him and Reliance Power executives. …

The financial woes of Anil Ambani took a dramatic turn as Enforcement Directorate teams swooped down on several Mumbai locations connected to him and Reliance Power early Friday morning. According …

The financial watchdog Enforcement Directorate struck hard on Friday, swooping down on several Mumbai addresses connected to Anil Ambani and his Reliance Power operations. According to agency insiders, the raids …

In a high-stakes crackdown, the Enforcement Directorate struck multiple premises connected to Anil Ambani and Reliance Power on Friday morning. Agency insiders confirmed simultaneous searches at approximately 10 to 12 …

Mumbai’s Pali Hill, home to India’s wealthiest, witnessed a bold ED move as the agency attached Anil Ambani’s sprawling ‘Abode’ residence in a money laundering case tied to Reliance Communications …

IDFC First Bank has cleared all outstanding claims from the Haryana government, paying out ₹583 crore in principal and interest linked to a suspected fraud at its Chandigarh outlet. The …

The Haryana government dropped a bombshell on the banking sector Tuesday, blacklisting IDFC First Bank and AU Small Finance Bank amid a staggering Rs 590 crore fraud scandal. Effective immediately, …

Gurugram’s financial landscape shook as the Enforcement Directorate apprehended Arvind Kumar, ex-Resolution Professional of beleaguered Richa Industries Ltd., thrusting the spotlight back on a multi-crore banking scam. Appointed RP in …