https://www.taxtmi.com/news?id=20514 The Reserve Bank established a fraud monitoring cell to ensure early reporting of suspected banking frauds to investigative agencies and sent a list of high profile cases to the Prime Minister's Office to enable coordinated action; delays in fraud classification, institutional leniency, and inter agency distrust have hindered accountability, prompting calls for stronger enforcement, earlier use of statutory tools such as the Asset Quality Review and bankruptcy measures, and decisive penalties for non compliant banks. en-us Wed, 12 Sep 2018 15:08:25 +0530 Wed, 12 Sep 2018 15:08:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20514 The Reserve Bank established a fraud monitoring cell to ensure early reporting of suspected banking frauds to investigative agencies and sent a list of high profile cases to the Prime Minister's Office to enable coordinated action; delays in fraud classification, institutional leniency, and inter agency distrust have hindered accountability, prompting calls for stronger enforcement, earlier use of statutory tools such as the Asset Quality Review and bankruptcy measures, and decisive penalties for non compliant banks. News - Wed, 12 Sep 2018 15:08:25 +0530 https://www.taxtmi.com/news?id=20514