Ensure advisory board's recommendations are taken in fraud cases of over Rs 3 crore, CVC tells banks

The CVC had on January 6 expanded the ambit of the Advisory Board for Banking and Financial Frauds (ABBFF), which conducts first level examination of large bank frauds, to cover all such cases involving amounts of Rs 3 crore and above besides examining the role of all levels of officials.

from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/3H87Yk4
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