I-T raid finds 12 fake accounts in Axis Bank's Delhi branch
The Income Tax department has found 12 fake accounts in Axis Bank's Krishna Nagar, Delhi branch on Friday in another money laundering case. Earlier on Thursday, 20 fake accounts with ₹60 crore were found at another Axis Bank branch. Notably, the bank has so far suspended about 50 accounts and has also terminated 25 employees for suspicious activities.