ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

No fake accounts being operated by Kotak Mahindra Bank, says spokesman

New Delhi [India], Dec.23 (ANI): Confirming that it has a robust system of regularly and proactively filing necessary reports with the Financial Intelligence Unit (FIU) of the Government of India, Kotak Mahindra Bank on Friday denied that they were operating any fake accounts.

ANI Dec 23, 2016 16:50 IST googleads

No fake accounts being operated by Kotak Mahindra Bank, says spokesman
New Delhi [India], Dec.23 (ANI): Confirming that it has a robust system of regularly and proactively filing necessary reports with the Financial Intelligence Unit (FIU) of the Government of India, Kotak Mahindra Bank on Friday denied that they were operating any fake accounts. Rohit Rao, the bank's spokesman, said in a statement, "The bank denies that there were any fake accounts. The bank is extending full cooperation to the investigating authorities." Rao was commenting on reports of officers of the income tax department visiting a branch office of the bank recently to probe the accounts of two persons whom they suspected of fraudulent financial activity. It was earlier reported that fake accounts worth Rs.70 crore were found in the bank's Kasturba Gandhi Marg branch in New Delhi. The "suspect" accounts were in the name of Ramesh Chand and Raj Kumar. The bank in its statement said, "No KYC (Know Your Customer) deficiencies were noted in these two customers. The income tax department did question the branch manager and no adverse report has been submitted to the bank so far." (ANI)

Get the App

What to Read Next

Business

"No shortage of petrol, diesel, kerosene, ATF or fuel oil"

"India has sufficient gas production and supply arrangements to sustain this position even in the event of a prolonged conflict. Power generation for every household and for industry is fully protected," Hardeep Singh Puri said. Opposition members sloganeered and protested against Puri's remarks.

Read More
Business

Seven more districts added in 6th phase of mandatory hallmarking

Seven more districts added in 6th phase of mandatory hallmarking

The move is part of the phased implementation of mandatory hallmarking being carried out by the Bureau of Indian Standards to ensure the purity of gold jewellery and protect consumer interests.

Read More
Business

Bajaj General Insurance Releases Guide to Lowering Car Insurance

Bajaj General Insurance Releases Guide to Lowering Car Insurance

Pune (Maharashtra) [India], March 12: Car insurance renewal is often seen as a routine administrative task, but it is much more than that. It presents an excellent opportunity to review your existing policy, assess whether your coverage still matches your needs, and take steps to optimise your premium. By understanding the key factors that influence car insurance costs, such as vehicle value, driving history, add-ons, and usage patterns, you can make informed adjustments that reduce expenses without compromising protection. Thoughtful planning and small, strategic choices at renewal can help you save money, maintain comprehensive coverage, and enjoy greater peace of mind on the road.

Read More
Business

Bridging the Tech Divide: How SSGSERV is Redefining White-Label

Bridging the Tech Divide: How SSGSERV is Redefining White-Label

New Delhi [India], March 12: In today's digital economy, enterprises depend heavily on uninterrupted technology infrastructure. As global SaaS platforms and OEM technology providers expand across markets, maintaining reliable customer and technical support has become a growing challenge. Companies are no longer looking for basic call center services but for specialized partners who can manage complex IT environments while maintaining speed, quality and brand consistency.

Read More
Business

Authenticity, Adaptability, and the Future of Brand Communication

Authenticity, Adaptability, and the Future of Brand Communication

New Delhi [India], March 12: The essence of communication in an industry that is constantly evolving is surprisingly timeless. Whether it is about building a brand, creating trust, or navigating disruption, clarity of thought and authenticity of action remain fundamental. With rapid shifts in technology, evolving consumer expectations, and changing regulatory environments, today's business leaders are no longer just marketers or communicators. They are storytellers, strategists, and guardians of credibility. The true measure of sustainable brand growth lies in the ability to remain creative yet accountable, while imagining ideas that create meaningful impact.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.