Amaravati, June 19 (IANS) Andhra Pradesh’s annual credit plan target for 2026‑27 has been fixed at Rs 8.10 lakh crore, a 22.7 per cent increase over the previous year’s Rs 6.6 lakh crore. The credit plan was approved at the State‑Level Bankers’ Committee (SLBC) meeting presided over by Chief Minister N. Chandrababu Naidu.According to an official release, Rs 5.40 lakh crore has been earmarked for priority sectors, including agriculture, while Rs 2.70 lakh crore has been allocated to oth…
Latest Cyber-Frauds News & Updates
Hyderabad, April 23 (IANS) Hyderabad Police Commissioner V. S. Sajjanar on Thursday asked the banks to focus on preventing cyber frauds by ensuring zero mule accounts.The Hyderabad police chief recommended the introduction of a twin-challenge framework to reorient bank branch priorities away from account-opening targets and towards citizen safety and institutional integrity.He strongly advocated that both these challenges should be embedded as formal Key Performance Indicators (KPIs) at the bran…
New Delhi, April 9 (IANS) The Financial Intelligence Unit‑India and the Indian Cyber Crime Coordination Centre (I4C) signed a comprehensive memorandum of understanding (MoU) to strengthen intelligence sharing and coordination in the fight against cyber‑frauds and financial crimes, the government said on Thursday.The MoU aims to enable both agencies to establish robust feedback mechanisms for enhancing fraud detection protocols at the national level and facilitate the development and dissemin…