PMO seeks report on bank frauds after â¹600-crore IDBI fraud
The Prime Minister's Office (PMO) has sought a report from the Finance Ministry on recent bank frauds after â¹600-crore IDBI Bank fraud, a senior government official said. The government wants to know about the action taken by authorities against the accused. "The involvement of the top management has certainly damaged the trust factor in the financial sector," the official added.