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Anti-Corruption Bureau

FIR against Jammu and Kashmir bank for Rs 1100 crore fraud

Anti Corruption Bureau registered a Preliminary Enquiry on allegations that the officials of the bank's branches at Mumbai's Mahim and Delhi's Ansal Plaza had sanctioned loans to the tune of Rs 800 crore in favour of REI Agro on the basis of fake documents and in violation of the laid-down banking procedure.

J&K Bank witnesses usual business

Earlier reports had said the ACB raids were specifically being carried out in connection in 1,200 appointments made by the bank in 2017.