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Fraud & Security Alerts

Home » Daily News » Fraud & Security Alerts
YES Bank BookMyForex $840K forex card fraud impacting 5000 customers February 2026
Posted inFraud & Security Alerts

YES Bank BookMyForex Forex Card Fraud 2026: $840K Unauthorised Transactions Impact 5,000 Customers

The YES Bank BookMyForex forex card fraud 2026 has raised serious concerns among Indian travellers after thousands of…
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Posted by Hype February 26, 2026
IDFC First Bank ₹590 crore fraud case at Chandigarh branch involving Haryana government accounts – investigation and RBI monitoring
Posted inFraud & Security Alerts

IDFC First Bank ₹590 Crore Fraud: What Happened at the Chandigarh Branch?

India’s private banking sector faced a major shock after ₹590 crore fraud was detected at IDFC First Bank.…
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Posted by Hype February 24, 2026
PNB reports ₹2,434 crore borrower fraud linked to SREI’s former promoters to RBI
Posted inFraud & Security Alerts

Big Banking Alert: PNB Reports ₹2,434 Crore SREI-Linked Fraud to RBI

Punjab National Bank (PNB) has reported a major borrowal fraud of ₹2,434 crore to the Reserve Bank of…
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Posted by Hype December 26, 2025
Featured image illustrating Gujarat’s ₹804 crore cyber fraud bust, showing cybercrime icons, scam alerts, masked fraudster graphics, and BanksConnect.in branding.
Posted inFraud & Security Alerts

Gujarat’s Massive ₹804 Crore Cyber Fraud Bust: How Rahul Rajesh Kumar Agrawal Emerged as a Key “Financial Operator”

India’s cybercrime landscape has seen many scams, but Gujarat’s recently uncovered ₹804 crore cyber-fraud network stands out for…
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Posted by Hype December 9, 2025
Finance Minister addressing media; announcement on CIBIL score not being mandatory for first-time loans in 2025. Illustration shows credit score meter (0–900) and a worried man, highlighting relief for new borrowers.
Posted inFraud & Security Alerts

CIBIL Score Not Mandatory for First-Time Loans: What 2025’s Big Update Means for You

A New Dawn for First-Time Borrowers Dreaming of your first car, home, or business loan but hesitant because…
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Posted by Hype September 22, 2025
PhonePe office reception area with company logo illuminated on the wall
Posted inFraud & Security Alerts

Why Did RBI Penalize PhonePe with ₹21 Lakh? The Hidden Compliance Lapse Revealed

On September 10, 2025, the Reserve Bank of India (RBI) imposed a fine of ₹21 lakh on PhonePe…
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Posted by Hype September 14, 2025
A woman with long, straight, dark hair is wearing a blue saree adorned with gold patterns and delicate silver jewelry, standing against a softly lit wooden background.
Posted inFraud & Security Alerts

Chanda Kochhar: The Inspiring Rise—and Real-Life Challenges—of India’s Banking Icon

If you follow Indian banking or just love inspiring stories about breaking glass ceilings, there’s no way you’ve…
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Posted by Hype August 3, 2025
Visual representation of the Axis Mutual Fund scam, showing stacks of seized currency, financial documents, and the name Viresh Joshi to highlight financial fraud, asset seizure, and the central figure in the ED’s investigation.
Posted inFraud & Security Alerts

Viresh Joshi: The Face Behind Axis Mutual FundʼsRs 200 Crore Scam – Case Study & News Analysis

Introduction The finance world was shaken when Viresh Joshi, former chief dealer and fund manager at Axis Mutual…
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Posted by Hype August 3, 2025
"Citizen Co-operative Bank signboard displaying the bank’s name with a blue and white color scheme, located outside a branch with lockers available for customers."
Posted inFraud & Security Alerts

RBI Imposes ₹11.48 Lakh Penalty on Cooperative Banks and Housing Finance Companies: What You Need to Know

In a recent move, the Reserve Bank of India (RBI) has imposed a total penalty of ₹11.48 lakh…
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Posted by Hype June 4, 2025

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