Department of Financial Services (DFS) organises ‘Coordination Meeting on Vigilance matters of Public Sector Banks (PSBs)’ to enhance inter-departmental cooperation and expedite investigation in bank fraud-related cases, in New Delhi.

Department of Financial Services (DFS) organises ‘Coordination Meeting on Vigilance matters of Public Sector Banks (PSBs)’ to enhance inter-departmental cooperation and expedite investigation in bank fraud-related cases, in New Delhi. https://www.taxtmi.com/news?id=28193 Meeting by the Department of Financial Services aimed to strengthen inter-agency cooperation between PSBs and the CBI to expedite bank fraud investigations by creating regular banker-CBI consultation platforms, streamlining complaint filing and review processes, and clarifying operational support needs. The meeting noted positive effects of Prevention of Corruption Act amendments protecting bonafide banking decisions, reviewed insolvency and asset recovery mechanisms, and introduced an asset tracing IT application for PSB evaluation. en-us Thu, 05 Dec 2024 09:53:24 +0530 Thu, 05 Dec 2024 09:53:24 +0530 TaxTMI RSS Generator Department of Financial Services (DFS) organises ‘Coordination Meeting on Vigilance matters of Public Sector Banks (PSBs)’ to enhance inter-departmental cooperation and expedite investigation in bank fraud-related cases, in New Delhi. https://www.taxtmi.com/news?id=28193 Meeting by the Department of Financial Services aimed to strengthen inter-agency cooperation between PSBs and the CBI to expedite bank fraud investigations by creating regular banker-CBI consultation platforms, streamlining complaint filing and review processes, and clarifying operational support needs. The meeting noted positive effects of Prevention of Corruption Act amendments protecting bonafide banking decisions, reviewed insolvency and asset recovery mechanisms, and introduced an asset tracing IT application for PSB evaluation. News - Thu, 05 Dec 2024 09:53:24 +0530 https://www.taxtmi.com/news?id=28193