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PSB frauds above Rs 50 cr to be referred to ABBF for advice

The public sector banks will be referring all fraud cases above Rs 50 crore to Advisory Board for Banking Frauds (ABBF) and on receipt of its advice, the banks concerned would take further action.

By Whispers in the Corridors 1 min read

The public sector banks will be referring all fraud cases above Rs 50 crore to Advisory Board for Banking Frauds (ABBF) and on receipt of its advice, the banks concerned would take further action.

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