A Rajkot couple has moved Gujarat High Court after Indian Bank lost their pledged gold ornaments worth Rs 1.15 crore. The bank allegedly hid the loss for months while charging interest. Read the full story.
A major loan fraud of Rs 2.97 crore has been uncovered at a Bengaluru cooperative credit society. CEO Poojashree PV filed a police complaint on December 24. Read the full details.
A Gurgaon resident discovered an unauthorized loan of Rs 20,000 on his CIBIL report, leading to recovery calls. An FIR for cheating and impersonation has been registered. Learn how to protect your credit score.
Dadar police chargesheet a developer for allegedly cheating Motilal Oswal Finance by selling mortgaged land. The Rs 158 crore loan fraud case dates back to 2014. Read the full investigation details.
CBI's Shillong branch registers a bribery case against a former Canara Bank chief manager and two others for allegedly taking bribes to sanction loans worth Rs 2.78 crore in Assam. Read the full details.
Gurgaon EOW nabs first accused in a sophisticated fraud where a businessman was duped with promises of a Rs 100 crore loan at 6% interest. Read the full investigation details.
A Bank of Baroda assistant manager in Bantwal, Karnataka, has been booked for an ATM fraud of Rs 71.41 lakh. The scam was uncovered during an inspection that also revealed stolen gold worth Rs 55,000. Read the full investigation details.
Gurgaon police arrest an MBA graduate for a Rs 2.4 crore loan fraud. The accused promised a garment exporter a Rs 40 crore loan at low interest. Read the full investigation details.
The US SBA suspends 6,900 borrowers in Minnesota over a massive $400 million COVID loan fraud scandal. Key figures face bans and federal prosecution. Read the full investigation details.
Police in Rae Bareli register an FIR against 48 individuals for a Rs 9.2 crore banking fraud at a Bank of Baroda branch using forged KYC and income documents. Read the full investigation details.
Delhi Police arrests three ex-bankers for a multi-crore loan scam using forged government IDs and fake salary accounts. Learn how the elaborate fraud was uncovered after six years.
A private bank in Kolkata has filed a police complaint alleging a Rs 11.2 crore loan fraud by an education trust running an engineering college in Hooghly. Read the full investigation details.
CBI charges Chennai-based rice mill owners with cheating Canara Bank of ₹10 crore using forged documents. FIR filed under IPC and Prevention of Corruption Act. Read the full investigation details.
A special CBI court in Ahmedabad sentences three men to 3-year imprisonment and a Rs 50,000 fine each for a housing loan fraud involving forged documents. Read the full details of the case.
Struggling with irregular income? Discover how a working capital loan can help self-employed professionals in India manage cash flow gaps, cover expenses, and grow their business. Learn key strategies now.
Learn how a home loan calculator can help you plan your EMI, save on interest, and secure the best housing finance deal before the new year. Act now for smarter financial planning.
West Bengal Police warns citizens about fraudulent loan ads misusing CM Mamata Banerjee's name and picture on social media. Learn how to protect yourself from these cyber frauds.
A Kolkata school teacher and Booth Level Officer lost Rs 8.4 lakh in a sophisticated cyber fraud. The theft occurred in five transactions while he was busy with SIR work. Read the full story.
An Ahmedabad accountant alleges a Rs 13.6 lakh fraud in a flat purchase scheme. He was promised monthly payments and a flat but left paying a loan. Read the full story.
Punjab National Bank reports a massive ₹2,434 crore borrowal fraud to RBI involving former promoters of Srei Equipment and Srei Infrastructure Finance. Get the latest details.
Need to cancel a personal loan? Learn about the cooling-off period for ICICI, HDFC, Kotak Bank & other lenders. Know the charges and steps to avoid penalties.
Uncertain what happens to a personal loan if the borrower dies in India? This guide explains bank recovery from insurance, co-applicants, or estate. Protect your family today.
SBI data reveals 15,956 cyber fraud cases from Jan 2024-Oct 2025, with losses of ₹118.47 crore. Experts warn of rising digital banking risks. Learn how to stay safe.
Devanahalli police file FIR against a Bengaluru builder for alleged fraud, selling one flat to different buyers and raising multiple loans. Read the full investigation details.
Kollam East police register a fraud case after a private institution fails to return Rs 15 lakh deposited under a gold scheme. The action follows intervention by the State Human Rights Commission. Read the full details.
LIC Housing Finance reduces home loan rates, starting at 7.15% for high CIBIL scores. New rates reward creditworthy borrowers and make home financing more affordable. Details inside.
Manappuram Finance uncovers a Rs 7.47 crore embezzlement scheme in its Noida branch. 14 employees, including the manager, face charges for sanctioning 57 fraudulent loans using forged documents. Read the full investigation details.
A CBI court in Ghaziabad sentenced Ravi Kumar Garg to jail in a bank fraud case. He pleaded guilty, repaid part of the loan, and avoided further imprisonment. Details inside.
The Trump administration suspends $5.5 million in annual funding to Minnesota, alleging fraud in COVID-era loans. This escalates federal clashes with Democratic-led states. Read the full story.
A Visakhapatnam court convicts nine, including ex-SBI officials, in two fraud cases causing over Rs 2.3 crore loss to the bank. Read the full details of the judgment and sentences.