Friday, May 15, 2026
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“Banks Are Becoming a Liability”: Supreme Court Orders Tough Anti-Scam Measures
The Supreme Court has directed the nationwide implementation of the Reserve Bank of India’s (RBI) Standard Operating Procedure (SOP) aimed at preventing rising “digital arrest” scams, sharply criticizing banks over…
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Delhi Police Arrests Accused in Decade-Old Kashmiri Apple Consignment Fraud Case
The Crime Branch of Delhi Police has arrested a 38-year-old man from Anantnag in Jammu and Kashmir in connection with a decade-old business fraud case involving alleged cheating of more…
Economic Fraud
RBI cancels registration of 150 NBFCs in major regulatory crackdown
The Reserve Bank of India has initiated a significant regulatory crackdown on the non-banking financial sector by cancelling the Certificates of Registration for 150 companies. This decisive action, carried out…
