Bank with suspicious deposits worth ₹871 crore under probe
The I-T department has detected alleged discrepancies in transactions of a Rajkot-based cooperative bank where ₹871 crore were deposited, over 4,500 new accounts opened and five dozen accounts with same mobile number initiated. This is reportedly one of the biggest cases of black fund generation post demonetisation. The department has now initiated action and sought full details from the bank.