BANKING FRAUD: A CONCEPTUAL FRAMEWORK OF DREDGING UP VARIOUS BANKING SCAMS, CAUSES AND PREVENTIVE ROLE OF LAW ENFORCEMENT AGENCIES

Authors

  • Arvinder Kaur

Abstract

Indian banking system is witnessing various financial scandals & scam. Hardly had we just
moved on ourselves from one scam very soon the new one rumble on the floor. Perpetrators are
responsible for vulnerability of financial system and exponential rise of NPA, stressed asset and
rigorous impact on profitability. Anomaly is prevalent in banking sector due to lack of stringent
rules & its implementation. Driven from frail technology, complex legal regulations and
procedures, the early detection and prevention of fraud turns crucial. This perspectives study
focuses on three broad areas consist of firstly literature review, secondly comprehensive analysis
of banking extortions including the types of deceits, reasons, detection measures and thirdly
legislative and regulatory framework for curbing this menace.

Downloads

Download data is not yet available.

Downloads

Published

2020-11-30

How to Cite

Arvinder Kaur. (2020). BANKING FRAUD: A CONCEPTUAL FRAMEWORK OF DREDGING UP VARIOUS BANKING SCAMS, CAUSES AND PREVENTIVE ROLE OF LAW ENFORCEMENT AGENCIES. PalArch’s Journal of Archaeology of Egypt / Egyptology, 17(6), 2003 - 2021. Retrieved from http://mail.palarch.nl/index.php/jae/article/view/1093