I-T raids Axis Bank, ₹60cr found in 20 fake company accounts
The Income Tax Department on Thursday raided an Axis Bank branch in Noida's Sector-51 area, where it unearthed 20 fake company accounts with deposits amounting to more than ₹60 crore. This comes less than a week after Income Tax officials raided an Axis Bank branch in Delhi's Chandni Chowk, where over ₹100 crore was found deposited in 44 fake accounts.