Category : Search result: cooperative bank fraud Kerala


RBI Curbs Trigger Baghat Bank Wage Crisis

RBI imposes business restrictions on Baghat Urban Cooperative Bank, halting deposits and payments, triggering employee wage crisis and customer uncertainty in Himachal Pradesh.

Bhadrak Co-op Fund Misappropriation: 3-Year Jail Term

Former secretary of Arnapal Service Cooperative Society sentenced to 3 years rigorous imprisonment for misappropriating Rs 4 lakh. Fined Rs 50,000. Read the full details of the Balasore vigilance case.

PSU Bank Stocks Surge 30% in 2025, SBI at All-Time High

Public sector banks stage strong comeback with Nifty PSU Bank index surging 1.8%. Indian Bank leads with 65% returns as SBI crosses ₹9 lakh crore market cap. Discover the driving factors behind this impressive rally.

How to Prevent Mobile Number Change Fraud

Learn how scammers hijack mobile numbers for online fraud and discover 5 crucial steps to safeguard your bank accounts and digital identity. Act now to protect yourself!

CBI to prosecute Yes Bank's Rana Kapoor in fraud case

The CBI has received sanction to prosecute Yes Bank founder Rana Kapoor under the Prevention of Corruption Act in a major loan fraud case involving over Rs 5,000 crore. Read the latest developments.

NUCFDC to seek SRO status from RBI by January

National Urban Cooperative Finance Corporation plans to apply for Self-Regulatory Organisation status from RBI by early January after crossing ₹300 crore capital threshold, enabling new financial services for cooperative banks.

Sheetal Tejwani's Rs 60.7 Cr Bank Fraud Exposed

Sheetal Tejwani, accused in Pune's Rs 300 Cr land deal, previously defrauded Seva Vikas Bank of Rs 60.7 Cr using fake documents including scooter plate for Mercedes loan. Read shocking details.

Mumbai Court Jails Two in Rs 26 Crore Bank Fraud

A Mumbai CBI court sentenced a housewife to 3 years in jail and a Rs 1 crore fine for a Rs 26 crore bank fraud with Vijaya Bank. A retired bank official also received a one-year sentence.

Court jails two in Rs 26 crore bank fraud case

Mumbai CBI court sentences housewife Anitha Mathias to 3 years jail with Rs 1 crore fine and retired banker K Shridhar Shetty to 1 year in Rs 26 crore Vijaya Bank fraud case. Read full details.

Thane cloth traders lose ₹2.5 crore in fraud case

Six cloth merchants in Thane were cheated of ₹2.5 crore in a sophisticated fraud scheme involving fake bank transfers and textile orders. Police have registered a case against three individuals.

Amul's GCMMF Tops Global Cooperative Rankings 2025

GCMMF, the powerhouse behind India's beloved Amul brand, has clinched the top position in the prestigious ICA World Cooperative Monitor 2025 rankings, showcasing Indian cooperative excellence on the global stage.

Bank Unions Oppose Public Sector Bank Mergers

Indian banking unions unite against proposed consolidation of Union Bank, Indian Overseas Bank, and other public sector banks, citing job security and service quality concerns.

PSU Bank Stocks Rally Up to 3% on Merger Buzz

Bank of Baroda, Bank of India lead PSU bank rally amid government's consolidation push. Investors cheer potential merger of smaller state-owned lenders as stocks hit new highs.

Ludhiana Bank Fraud: ₹9.5L Scam Exposed

In a major banking scandal, two officials from a Ludhiana bank have been charged with embezzling ₹9.5 lakh through fraudulent fixed deposit transactions. The FIR reveals how the duo manipulated records to siphon customer funds.

Page 3 of 4