The ED has arrested state forest minister Jyotipriyo Mallick, who was earlier the food minister, for his alleged involvement in the scam. S...

In recent months, there have been a number of instances of forex scams when con artists entice the public with the promise of substantial r...

Using unauthorised platforms for forex transactions could lead to loss of money and penal actions against you. So, you need to be careful w...

Earlier in the day, shares of Edelweiss Financial Services plunged 10 per cent to hit lower circuit.

The public sector bank remained silent for two years despite facing a Rs 6,172 crore forex scam in 2015 in which money was sent from India ...

It had been reported that the customs department unearthed a hawala racket at the Inland Container Depot in Tughlakabad, and detected illeg...

Tiwari was working as Deputy Inspector General in Central Bureau of Investigation (CBI) looking after Bhopal zone which is probing Vyapam s...

Bank of Baroda, which was hit by a Rs 6,000-crore foreign exchange scam at one of its branches, is developing a centralised monitoring syst...

The move comes in the backdrop of cases of multi-crore frauds in banks and instances of loans turning into non-performing assets (NPAs).

CVC has asked RBI and IBA to red flag multiple transactions of smaller amounts from a single account and ensure compliance of KYC norms.

Private player Axis Bank today said it has initiated internal probe into the alleged illegal money transfer case involving Rs 557 crore,

ED on Wednesday arrested another trader Manish Jain who was allegedly involved in sending illegal forex to Hong Kong and China.

BoB will soon hire an external accounting agency to identify the loopholes that led to the Rs 6000-crore forex scam which was detected last...

Between August 1, 2014 and August 12 this year, there were 8,667 forex transactions from the branch, prompting the bank to probe the matter.

Senior officials said that internal inspection department alerted head office that their audit report has unearthed a sudden spike in forex...

Subsequently, A-1 form in most of the cases was not signed by the branch head/bank official and in many cases by the customer.

CBI has filed 16 cases in the coal scam. The central agency is also understood to be looking at possible instances of forex violation in th...