Canara Bank probes fraud in unit after whistleblower complaint: Source

"We decided to act on this complaint given the severity of the situation and found out that there were frauds in 37 accounts worth 39 million rupees ($504,149.54). We have made provisions of an equal amount," said the source, who declined to be named as the discussions were private.

from Banking/Finance-Industry-Economic Times https://ift.tt/7E6JMQI