CVC seeks data on fraud from public sector banks
Anti-corruption watchdog Central Vigilance Commission has asked public sector banks to provide details of fraud cases that were reported to the CBI since 2001 involving â¹3 crore and more. The information will be analysed to identify the common modus operandi followed by fraudsters, Vigilance Commissioner TM Bhasin said. Notably, banks reported 4,851 fraud cases involving â¹24,000 crore in 2016-17.