Clothed in order to check banking frauds, the Reserve Bank of India (RBI) at the moment asked shared sector lenders to promptly tell luggage of cheating concerning Rs 1 crore and beyond to the CBI, and of the less important amount to the police force.
"Incidence of frauds, dacoities, robberies, et cetera, in banks is a carry some weight of relate to," the RBI thought, issuing guidelines in place of coverage frauds.
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