banking fraud

State News

Siddaramaiah Greenlights CBI Probe into Raghavendra Co-Operative Bank, Vasistha Bank and Guru Sarvabhuma Bank

Bengaluru: In a significant development, Chief Minister Siddaramaiah has granted permission for a CBI inquiry into the allegations of fraud and misconduct against Gururaj Raghavendra Co-operative Bank, Vasistha Bank, and Guru Sarvabhauma Bank, said his office in a statement. Siddaramaiah, who led the opposition against the malpractices and deception faced by depositors of these banks, has been a vocal advocate…