CBI chief Rishi Kumar Shukla. File
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AP
He emphasises need for officials to keep themselves updated with latest tools of investigation through sustained training
About 800 cases were disposed of last year despite the challenges posed by the COVID-19 outbreak, CBI Director Rishi Kumar Shukla said on Friday.
Addressing the agency officials via videoconferencing, Mr. Shukla paid condolences to the family members of the officials who lost their lives due to the pandemic.
He emphasised the need for officials to keep themselves updated with the latest tools of investigation through sustained training. New and well innovated online training modules were now available as a fallout of the pandemic-induced restrictions.
CBI registers about 190 cases of bank fraud in 2020
Updated:
Updated:
December 31, 2020 20:12 IST
In dozen cases, companies and top functionaries were accused of cheating banks of more than ₹1,000 crore
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In dozen cases, companies and top functionaries were accused of cheating banks of more than ₹1,000 crore
The Central Bureau of Investigation registered about 190 cases of bank fraud in year 2020, involving alleged misappropriation of close to ₹60,000 crore. In about a dozen cases, the companies and their top functionaries were accused of cheating the banks of more than ₹1,000 crore.
An analysis of the FIRs revealed that in over 70 cases, the prima facie embezzled amount exceeded ₹100 crore.
Hyderabad-based infra firm IVRCL booked for alleged bank fraud of Rs 4,837 crore, CBI raids premises
The central probing agency had earlier booked IVRCL and its directors on a complaint from the State Bank of India and raided their premises for an alleged fraud worth over Rs 4,800 crore against a consortium of banks.
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The Central Bureau of Investigation on December 30 informed that they raided the premises of infrastructure firm IVRCL, its Managing Director E Sudhir Reddy and Joint Managing Director R Balarami Reddy.
The central probing agency had earlier booked the Hyderabad-based company and its directors on a complaint from the State Bank of India and raided their premises for an alleged fraud worth over Rs 4,800 crore against a consortium of banks.
Former TDP MP Rayapati Sambasiva Rao. (File photo)
HYDERABAD: In one of the biggest bank frauds in the country worth Rs 7,926 crore, Hyderabad-based Transstroy (India) Limited owned by former TDP MP Rayapati Sambasiva Rao created fictitious companies in the name of maids, sweepers and drivers as directors for diversion of funds.
The Central Bureau of Investigation (CBI) in an FIR alleged that the accused floated firms like Padmavati Enterprises, Unique Engineers, Balaji Enterprises, Ruthwik Associates, where an amount of Rs 6,643 crore was swindled. Nine firms are non-existing companies which have been created to operate the fraudulent activities with the assistance of employees, the CBI alleged.
What changed for the market while you were sleeping? Top 10 things to know
Trends on SGX Nifty indicate a negative start for the broader index in India. December 21, 2020 / 10:06 PM IST
The Indian stock market is expected to open lower as trends on SGX Nifty indicate a negative start for the index in India with a loss of 69 points.On December 18, benchmark indices recovered from the low point of the day and ended marginally higher with Nifty above 13,750. The Sensex was up 70.35 points or 0.15% at 46,960.69, and the Nifty was up 19.80 points or 0.14% at 13,760.50.
According to pivot charts, the key support levels for the Nifty are placed at 13,047.43, followed by 12,766.47. If the index moves up, the key resistance levels to watch out for are 13,693.43 and 14,058.47.