The Supreme Court directed various banks, including UCO Bank, State Bank of India, and Bank of India, to promptly grant prosecution sanction regarding alleged banking fraud.
1 report, 1 independent
Updated Aug 1
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What happened
The Supreme Court directed various banks, including UCO Bank, State Bank of India, and Bank of India, to promptly grant prosecution sanction regarding alleged banking fraud.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Investigation launched into alleged collusion between builders and multiple banks, including UCO Bank, State Bank of India, Bank of India, and ICICI Bank, following Supreme Court oversight.Sub-event
SC orders banks to grant prosecution sanction regarding alleged banking fraud.1 source
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The entities involved
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supreme court
highest court in a jurisdiction
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State Bank of India
Indian public sector bank and financial services organization
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UCO Bank
Indian government-owned commercial bank