According to documents obtained by ABN News, this happened during computerized processing, where the amount was incorrectly increased from 12 lakhs to 12 million. Surprisingly, the wrong amount was still paid out. Read more: https://lnkd.in/dAz_j65j #FraudCase #AlliedBank #scam #bankingnews
Karobar TV’s Post
More Relevant Posts
-
📈 Axis Bank shines in Q4 FY-24 results! Net profit surges to Rs 7,130 crore, operating profit up by 15%, and NPAs decline. 💰 Dividend of Rs 1 per share recommended, showcasing confidence in financial strength. 🏦 Read More👇 https://bit.ly/4b7hEKb #Bigul #AxisBank #Q4Results #Q4 #q4fy24 #Q4FY24Results
To view or add a comment, sign in
-
The RBI issued guidelines in 2014 asking banks not to make the account balances negative solely on account of penal charges for non-maintenance of minimum balances in savings accounts. Posting this due to axis Bank account holders just like me as I too are facing the same issue which are replying in the comment box. And apart from all of this axis Bank social media handlers don't have any information and only replies to regret and please contact us. wake up ! we already did but not received any satisfied response, hence please do something instead of only sending regret messages.🙏 #axisbank #rbipolicy #rbi Axis Bank Reserve Bank of India (RBI)
Surprise to see my account balance went in negative. I have never been informed about these charges. #axisbank is this the way you are making money. Clearly as per #rbi you are not entitled to make account balance negative. Do you really follow #rbipolicy I am scared of Axis bank now #fraud #fraudalert #fraudprevention #fraudfighters #BanAxisBank #fraudAxisBank
To view or add a comment, sign in
-
After major upgrades in 2022, Axis Bank's Magnus fast rose to become one of India’s most popular premium credit cards. The monthly milestone feature and an excellent redemption ratio of 5:4 made Magnus a consumer favourite. However, 2 devaluations in 8 months have come as a big blow to Magnus loyalists. Is Magnus still one of the top picks in the premium card segment? Download Paisabazaar’s cheat-sheet for Axis Magnus and find out. #AxisMagnus #Devaluation #CreditCard
To view or add a comment, sign in
-
Axis Bank has reported impressive Q4FY24 results with a total income of ₹35,990 cr, up 25.1% YoY and an operating profit of ₹10,536 cr, up 14.9% YoY. The bank also reported a net profit of ₹7,130 cr, a significant improvement from a net loss of ₹5,728 cr YoY. Additionally, GNPA and NNPA ratios showed a significant reduction YoY, standing at 1.43% and 0.31% respectively. The proposed dividend of ₹1 per share for FY24 is an added bonus for the shareholders. #AxisBank #Q4FY24Results #BankingSector #FinancialResults
To view or add a comment, sign in
-
Aspiring CFP | Diverse & Inclusive Financial Services | Helping professionals and families align their financial goals with their ideal life | Volunteer & DEI Advocate🌿
Read this post by Zael Miransky, CFP, President, CEO and be informed! . So you met an infinite banker Here are the top 5 things to do 1) Laugh at them 2) Pray for them 3) Run from them 4) Ridicule them 5) Block them There is no such thing as infinite banking....
President, CEO - Freeing all Canadian captive advisors/clients. Improving Canadians knowledge of Corporate and Personal taxation, MCO Private Wealth
So you met an infinite banker Here are the top 5 things to do 1) Laugh at them 2) Pray for them 3) Run from them 4) Ridicule them 5) Block them There is no such thing as infinite banking Don't get conned by modern day snake oil salesmen If someone is pitching you an IUL or anything infinite banking do two things Tell all your friends to ignore them Tell the regulators These people should have their licenses revoked and all clients should avoid them at all cost What do you think? MCO Private Wealth We don't infinite bank That's not a real thing Because we aren't con artists #IUL #infinitebanking #CFP
To view or add a comment, sign in
-
Business News & Analysis | Deep Insights into Markets & Trends | Guiding You Through the Business World | Discover more at businesstimes.ng 📈
A shocking report has surfaced, claiming that N200,000 disappeared from an Access Bank account without the account holder's signature. How does this happen, and what are the implications for customers? Find out the details. 👉 Read the full article here: https://lnkd.in/dfxvXDn5 #accessbank #bankingissues #fraudalert #customersafety #businesstimesng #nigeria
To view or add a comment, sign in
-
If you’ve noticed an uptick in #ATMCrime, you aren’t wrong. The #SecretService recently released an alert https://buff.ly/3X2Bwuc on #ATM #Jackpotting and #Best Practices to secure your #ATMNetwork. #ITMs #Cash #ATMOutsourcing #ATMManagement #ATMServices #ATMAsAService #OffPremiseATMs #BankAtWork #Bank #CreditUnion #FinancialInstitutions #ATMUSA
To view or add a comment, sign in
-
🚨 In the News 🚨 ASB offers $2,000 as "goodwill" to a victim scammed out of $100,000. The victim believed he was investing in government-backed bonds with BNP Paribas, only to realize he'd been scammed. Some say that ASB should be held totally responsible (and that the scam's success is due to poor security standards) where others say the victim is in a situation entirely of his own making. Who do you think is at fault 🤔 ? Full article is linked in the comments section ⬇ #scam #bank #banking
To view or add a comment, sign in
-
If you’ve noticed an uptick in #ATMCrime, you aren’t wrong. The #SecretService recently released an alert https://buff.ly/3X2Bwuc on #ATM #Jackpotting and #Best Practices to secure your #ATMNetwork. #ITMs #Cash #ATMOutsourcing #ATMManagement #ATMServices #ATMAsAService #OffPremiseATMs #BankAtWork #Bank #CreditUnion #FinancialInstitutions #ATMUSA
To view or add a comment, sign in
-
If you’ve noticed an uptick in #ATMCrime, you aren’t wrong. The #SecretService recently released an alert https://buff.ly/3X2Bwuc on #ATM #Jackpotting and #Best Practices to secure your #ATMNetwork. #ITMs #Cash #ATMOutsourcing #ATMManagement #ATMServices #ATMAsAService #OffPremiseATMs #BankAtWork #Bank #CreditUnion #FinancialInstitutions #ATMUSA
To view or add a comment, sign in
1,493 followers