Financial crime

Banking News 

Gujarat Bank Cyber Theft of ₹7.34 Crore

July 14, 2026 admin 0 Comments banking fraud, cybersecurity, Financial crime, Gujarat Bank, India, Software Vulnerability

Gujarat Bank fell victim to a cyberattack in which hackers exploited a software flaw to steal ₹7.34 crore from multiple

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Banking Finance Year 2026 July 2026 

AN ARTICLE ON TRADE BASED MONEY LAUNDERING (TBML)

July 6, 2026July 6, 2026 admin 0 Comments compliance, Financial crime, Money Laundering, Risk management, TBML, Trade Finance

International trade is defined as the purchase and sale of goods and services by companies in different countries. During trading

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Cooperative Bank News 

West Bengal Government Launches Audit Probe into Cooperative Bank Loan Irregularities

June 18, 2026 admin 0 Comments Audit, banking governance, cooperative banking, Financial crime, loan fraud, West Bengal

The West Bengal government has ordered a comprehensive audit into an alleged loan scam involving a cooperative bank, following concerns

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Reserve Bank Corner 

Counterfeit ₹500 notes surge across banking system

June 5, 2026 admin 0 Comments banking risk, Cash Handling, Counterfeit Notes, Currency Security, Fake Currency, Financial crime, law enforcement, operational risk, rbi

In June 2026, the banking and insurance sectors witnessed a range of significant developments. The Reserve Bank of India (RBI)

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Uncategorized 

Financial Intelligence Unit–India: Strengthening the Fight Against Money Laundering

April 22, 2026 admin 0 Comments AML, compliance, Financial crime, FIU-IND, KYC, Money Laundering, Risk management

The Financial Intelligence Unit–India (FIU-IND) plays a central role in combating money laundering and ensuring financial system integrity in India.

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Banking News 

Banking Frauds Surge in H1 FY25; Amount Involved Rises Eightfold

April 6, 2026 admin 0 Comments banking fraud, cybersecurity, digital fraud, Financial crime, India banking, rbi, Risk management

Banking frauds in India have witnessed a sharp increase in the first half of FY25, with the total amount involved

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Articles Banking Finance Year 2026 March 2026 

Building Trust with Responsible AI: A Strategic Approach to Combating Financial Crime

March 12, 2026 admin 0 Comments AI, AI Framework, Building Trust, Combating, Financial crime, Future Outlook, Responsible AI, Strategic

The financial services landscape stands at a pivotal juncture. As generative artificial intelligence evolves from experimental curiosity to operational imperative,

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Banking News 

FIR Filed Against 16 in Cooperative Bank Loan Fraud Case

February 18, 2026February 18, 2026 admin 0 Comments banking investigation, cooperative bank, credit risk, Financial crime, governance failure, loan fraud

Police in Lucknow have registered a First Information Report (FIR) against 16 individuals in connection with an alleged loan fraud

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Banking Article Banking Finance Year 2025 February 2025 

DECODING FINANCIAL CRIME OF MONEY LAUNDERING

February 14, 2025 admin 0 Comments AML compliance, AML regulations, anti-money laundering, banking fraud, compliance, FATF, Financial crime, financial security, Laundering, risk-based approach

Abstract: This article is about the definition & concept of financial crime of money laundering. The article explains the different

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Banking Finance Year 2025 January 2025 

Wilful defaults: RBI reveals top 100; 2,664 corporates owe Rs. 1.96 lakh cr

January 15, 2025 admin 0 Comments ABG Shipyard, bank loan default, banking fraud, CBI investigation, Concast Steel, corporate default, ED probe, Financial crime, fraud cases, Gitanjali Gems, Indian Banking Sector, Mehul Choksi, NCLT, Nirav Modi, rbi, wilful defaulters, Winsome Diamonds

A STAGGERING 2,664 corporates have been classified as wilful defaulters, failing to repay bank loans despite having the means to

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