Banks taking higher covers to cut losses from frauds
Cyber risk is the biggest emerging threat for the sector.
corporate fraud
July 2019
February 2018
How blockchain can prevent LoU scams
An ideal solution would be a permissioned blockchain where all the banks as well as the regulators would have nodes.
Can blockchain help prevent bank scams?
Blockchain may be the answer as no single authority has complete control over it, so there is no central point of failure.
Jewellery exporters blame Nirav Modi for credit crisis
The Gems and Jewellery Export Promotion Council condemns the incident and asks for a quick, thorough investigation.
NiMo through a Firestar lens
Nirav Modi’s Firestar International could have ranked 217th in the 2016 Fortune India 500 list.
Nirav Modi’s grand design
Nirav Modi is allegedly the master designer of a Rs 11,300 crore mega fraud, but that’s not how the world always knew him.
The billion-dollar fraud
A day after Punjab National Bank disclosed a $1.77 billion fraud, law-enforcement agencies moved swiftly on orders from the Finance Ministry to seize Nirav Modi’s assets. But how long before the rot is over?
