<h1>CBI Urges Banks to Fast-Track Corruption Probes and Sanctions for Efficient Fraud Detection and Prosecution</h1> The Central Bureau of Investigation (CBI) called on banks to accelerate decision-making processes for mandatory sanctions required to investigate and prosecute officials suspected of fraud. During a coordination meeting with financial departments and bank vigilance officers, the CBI highlighted the need for timely approvals under the Prevention of Corruption Act. The agency emphasized streamlining procedures and enhancing interdepartmental cooperation to expedite bank fraud investigations and overcome procedural challenges.