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Bank Fraud – Gang Steals Money via OTP From Bank Accounts

New Type of Banking Fraud - A new modus operandi came to the notice of New Delhi district police while investigating a case of Banking Fraud. It was revealed that one of the customer of Central Bank of India (CBI)...

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SBI Reported Rs 5,555 Cr Fraud in Apr-Sep 2018

Largest bank in India, State Bank of India (SBI) has reported banking fraud of Rs 5,555.48 crore for quarter April to September 2018. These amounts were involved in 1329 cases.  In response to a query of RTI activist Chandrashekhar Gaud, SBI...

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Phishing Mail Alerts – Precautions for ICICI Bank Customer

Phishing is now a common terminology for banking sector and fraudsters are doing  anything to gain access to customer personal and financial information, like asking for their User ID, Password, OTP, Grid Values etc. This is then used to access bank...

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