CBI probes alleged fraud at Syndicate Bank
The Central Bureau of Investigation (CBI) is investigating an alleged fraud at state-owned Syndicate Bank that involves over ₹1,000 crore, according to media reports. The Bureau is investigating 10 locations in Delhi, Jaipur and Udaipur, a CBI spokeswoman said. The alleged fraud includes the use of fake bills and providing overdraft limits against non-existent life insurance policies, she added. 