Financial Losses

Stamp Paper Scam 2003

The Stamp Paper Scam 2003 – (The Telgi Scam)

In the early 2000’s, the scam which shattered the country’s whole economic condition was the Stamp Paper Scam, 2003. The helmsman of this scam is Abdul Karim Telgi. Born in Khanapur, Karnataka, Abdul hailed from a middle-class family whose parents worked as vendors in the Khanpur Railway Station. Due to their weaker economic condition, he …

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Banking Sectors Fraud Concerns in India

Rising Banking Sectors Fraud Concerns in India

Banking sector frauds have become a big concern in India posing a significant threat to the financial stability of the nation. Recent years have witnessed a search in fraudulent activities within the bank industry exposing vulnerability in raising concerns about the efficacy of the existing regulatory frameworks. In 2022-2023 year-on-year, the amount of fraud cases …

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Advantages of Insurance to Business

Beyond the Bottom Line: The Advantages of Insurance For Businesses!

Advantages of Insurance to Business In today’s unpredictable and ever-changing business environment, companies are constantly looking for ways to mitigate risks and protect their assets. Insurance is one of the best resources accessible to businesses for protecting their operations. In this article, we’ll talk about the benefits of insurance for businesses in India, and we’ll …

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