Nostro Accounts

The CBI on Monday questioned PNB general manager (Treasury) S.K. Chand, a day after it arrested 4 people in connection with the alleged Rs12,636-crore bank fraud

CBI is questioning the general managers to see if they were aware of the huge transactions in PNB's Nostro accounts on the basis of LoUs given to Nirav Modi and Choksi

Cyber criminals reportedly hacked into the electronic fund transfer system of a private sector bank in Nepal, prompting the country's central bank, Nepal Rastra Bank, to issue an alert

Union Bank of India recently fell prey to hackingrobbing the lender of $171 millionbut the hackers made a silly mistake