CBI raids 169 locations, probes bank fraud cases involving funds of Rs 7,000 crore

By PTI News  |  First Published Nov 5, 2019, 7:54 PM IST

In the raids conducted across the country, CBI searched 169 locations in connection with 35 bank fraud cases involving funds of over Rs 7,000 crore.

New Delhi: After registering 35 bank fraud cases against public sector banks, CBI officials swooped in on 169 locations in multiple cities this morning.

The CBI is conducting searches in 169 locations across the country in connection with 35 bank fraud cases registered by the agency involving funds of over Rs 7,000 crore, officials said on Tuesday.

The cases pertain to State Bank of India, Punjab National Bank, Andhra Bank, Oriental Bank of Commerce, Indian Overseas Bank, Allahabad Bank, Canara Bank, Dena Bank, Punjab and Sind Bank, Central Bank of India, Union Bank of India, IDBI Bank, Bank of Baroda, Bank of Maharashtra and Bank of India, they said.

After registering 35 bank fraud cases in the public sector banks, agency officials swooped down on 169 locations in multiple cities this morning, they said.

The searches are going on in Delhi, Gurgaon, Chandigarh, Ludhiana, Dehradun, Noida, Baramati, Mumbai, Thane, Silvassa, Kalyan, Amritsar, Faridabad, Bengaluru, Tirupur, Chennai, Madurai, Quilon, Cochin, Bhavnagar, Surat, Ahmedabad, Kanpur, Ghaziabad, Bhopal, Varanasi, Chandauli, Bhatinda, Gurdaspur, Morena, Kolkata, Patna, Krishna and Hyderabad, they said.

The agency refused to give further details as the search operations are still going on, they said.

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