CBI conducts nationwide searches in bank fraud cases worth Rs 3,700 crore

The Central Bureau of Investigation conducted searches across India in connection with more than 30 cases of bank fraud amounting to over Rs 3,700 crore on Wednesday.

The Central Bureau of Investigation (CBI) on Wednesday conducted searches at more than a hundred places across India in connection with around 30 cases of bank fraud that amount to over Rs 3,700 crore. These CBI searches were part of a special drive to book fraudsters based on complaints received from different nationalised banks in India. The complainant banks include Indian Overseas Bank, Union Bank of India, Bank of Baroda, Punjab National Bank, State Bank of India, IDBI, Canara Bank, Indian Bank and Central Bank of India. ALSO READ: Drive against corruption: CBI conducts 'surprise checks' at offices of 30 govt depts across 25 states