https://www.taxtmi.com/news?id=21660 The Framework for timely detection, reporting, investigation etc. relating to large value bank frauds mandates systemic review of legacy NPAs, examination of large NPA accounts for possible fraud, initiation of willful default probes upon reporting, and seeking intelligence reports where accounts turn NPA; banks must obtain certified identity documents of key borrower personnel, consider publishing photographs of wilful defaulters, ensure rotational staff transfers and seek Look Out Circulars as needed. en-us Wed, 10 Jul 2019 09:36:26 +0530 Wed, 10 Jul 2019 09:36:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21660 The Framework for timely detection, reporting, investigation etc. relating to large value bank frauds mandates systemic review of legacy NPAs, examination of large NPA accounts for possible fraud, initiation of willful default probes upon reporting, and seeking intelligence reports where accounts turn NPA; banks must obtain certified identity documents of key borrower personnel, consider publishing photographs of wilful defaulters, ensure rotational staff transfers and seek Look Out Circulars as needed. News - Wed, 10 Jul 2019 09:36:26 +0530 https://www.taxtmi.com/news?id=21660