FINANCIAL FRAUDS IN INDIA
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Date
2020
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Publisher
Our Heritage
Abstract
Instances of Financial frauds in India have increased recently.
Frauds committed for the past 10 years and which would have continued if not
detected is being probed only now. The judicial actions against these alleged
fraudsters are also slow. Politically empowered and wealthy people find ways
to escape regulations imposed by the Government. These unlawful acts also
affect the common people of the country directly or indirectly. This paper
analyzes two recent Financial Frauds that occurred in India and suggests
measures to be adopted to prevent further commitment of such frauds in India.
Description
Keywords
Financial Frauds, Bank, Repercussions, Reforms, Economy, Reputational Loss