Bank frauds of over Rs 3cr will need panel nod for CBI probe{br} https://ift.tt/eA8V8J

The Central Vigilance Commission (CVC) has amended rules to mandate that all bank fraud cases of over Rs 3 crore will be referred to an expert panel to decide if an investigation by the Central Bureau of Investigation (CBI) is warranted in what is seen as a fresh attempt to comfort bankers. Earlier, only fraud cases of over Rs 50 crore in public sector banks were referred to this panel.

from Times of India https://ift.tt/32V1Vk9