Search For "financial frauds"
Risk-based interventions prevent Rs 1,400 Crore in telecom frauds; Jyotira
Updated : 2 months, 3 weeks ago IST
Union Minister of Communications and Development of the Northeastern Region, Jyotiraditya Scindia, informed the Parliament that risk-based interventions and the Digital Intelligence Platform (DIP) prevented potential financial frauds amounting to over Rs 1,400 crore.
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SEBI dedicated to safeguard market integrity, sustain capital formation: C
Updated : 10 months ago IST
The financial frauds in Indian capital markets have ranged from simple diversion of shareholder funds to the use of complex structures and transactions to bypass regulatory safeguards, SEBI Chairman Tuhin Kanta Pandey said on Friday.
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J-K: Cyber Cell, Awantipora Police recover Rs 1,89,238 from online financi
Updated : 1 year, 2 months ago IST
The Cyber Cell of Awantipora Police resolved multiple cases of online financial fraud, recovering Rs 1,89,238 from scammers.
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RBI announces exclusive '.bank.in' domain to tackle financial frauds, expa
Updated : 1 year, 4 months ago IST
Malhotra stated, "The Reserve Bank shall implement the bank.in exclusive Internet domain for Indian banks."
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Banks to use AI & Machine learning to safeguard customers from financi
Updated : 1 year, 6 months ago IST
In a significant move to address the growing menace of digital financial frauds, the Department of Financial Services (DFS) has directed banks to adopt advanced technologies, including Artificial Intelligence (AI) and Machine Learning (ML), to safeguard customers from fraudsters.
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Financial frauds declined by 46.7 per cent during 2023-24: RBI annual repo
Updated : 2 years ago IST
The Reserve Bank of India (RBI) in its annual report released on Thursday has noted a 46.7 per cent decline in the amount (value) of frauds reported in 2023-24 compared to the previous year
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ED conducts raids in several states following financial fraud amounting to
Updated : 2 years, 4 months ago IST
The Enforcement Directorate (ED) has conducted search operations on January 31, 2024, at 10 locations spread over Jammu and Kashmir, Punjab, and Uttar Pradesh in connection with a case registered under the provisions of Prevention of Money Laundering Act (PMLA), 2002, against M/s Bharat Pape
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DFS Secretary chairs meeting on Cyber Security in financial services secto
Updated : 2 years, 6 months ago IST
The Secretary of the Department of Financial Services (DFS), Ministry of Finance, chaired a meeting in New Delhi to discuss issues related to cyber security in the financial services sector and the increasing incidents of recent online financial frauds, an official release from the Ministry
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SC dismisses plea for pan India enquiry into financial frauds in Kisan Cre
Updated : 3 years, 2 months ago IST
The Supreme Court has dismissed a plea for a pan India enquiry into alleged financial fraud in the working of the Kisan Credit Card system for farmers with the connivance of bank officials.
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Illegal activities by Chinese nationals grave concern for Nepali authoriti
Updated : 3 years, 11 months ago IST
Beijing [China], July 1 (ANI): Chinese nationals in Nepal are often found to carry out financial frauds such as running Ponzi schemes online and scamming foreign nationals with lures of easy loans and amid this, the investigation department seems to lack expertise due to which the investigat
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China-linked financial frauds and money laundering in India
Updated : 3 years, 11 months ago IST
Beijing [China], June 28 (ANI): India has recently witnessed a wave of financial frauds through instant microloan lending applications and crypto-currency transactions. The use of proxies to dupe Indian nationals and money laundering is rampant. According to the investigation agencies, Chine
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Scheduled Commercial Banks recover Rs 90 cr from cyber financial frauds in
Updated : 4 years, 6 months ago IST
New Delhi [India], December 6 (ANI): Scheduled Commercial Banks has recovered around Rs 90 crores in an action against cyber financial frauds in the last five years, informed Union Minister of State for Finance Dr Bhagwat Kisanrao Karad in a written reply in Lok Sabha on Monday.
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