Central Vigilance Commission and Ministry of Finance have extended the scope of the existing ABBFF to cover all fraud cases involving an amount of Rs.3 Crore and above in Public Sector Bank and Public Sector Financial institutions.
An amount of Rs 12 crore was transferred from funds of Andhra Pradesh Mahesh Co-op Urban Bank by hackers to various other bank accounts by hacking the server of the AP Mahesh Co-op Urban Bank.
EXAMIANS