CBI raids 100 places in bank fraud cases of over ₹3,700cr

TIMES NEWS NETWORK

New Delhi:26.03.2021 

CBI on Thursday conducted searches at more than 100 places across the country in connection with more than 30 cases of bank fraud amounting to over ₹3,700 crore. These searches were part of a special drive to book alleged fraudsters on the complaints received from different nationalised banks in India.

“The complainant banks include Indian Overseas Bank, Union Bank of India, Bank of Baroda, Punjab National Bank, State Bank of India, IDBI, Canara Bank, Indian Bank and Central Bank of India,” the agency said in a statement.

The various cities and towns where the searches were conducted include Delhi, Chennai, Thiruvarur, Vellore, Tiruppur, Bangalore, Guntur, Hyderabad, Bellery, Vadodara, Kolkata, Mumbai, Tirupati, Visakhapatnam, Jaipur & Sri Ganganagar. During searches, various incriminating documents and other material/digital evidences have been recovered by the agency.