Banking
Account takeovers, mule accounts leading cause of bank frauds in India
[ad_1] Account takeovers represent more than half of all banking fraud cases in India, with third-party account takeovers accounting for around 55 per cent frauds,…
Tag: bank frauds
Banking
RBI asks banks to annually review accounts inoperative for over a year
[ad_1] The Reserve Bank of India has asked banks to annually review accounts that have not seen customer-induced transactions for over a year, and…