Lodging of complaints with CBI in cases of fraud /embezzlement by commercial banks and select Financial Institutions
Reserve Bank of India (RBI) Master Directions dated 01.07.2016 on Frauds-Classification and Reporting by commercial banks and select Financial Institutions, inter alia, provide as follows, in regard to lodging of complaints with CBI in cases of fraud /embezzlement:-
| Category of bank | Amount involved in the frauds | Agency to whom complaint should be lodged | Remarks |
| Public Sector Banks (PSBs) | Rs. 3 crore and above and uptoRs. 25 crore | CBI | To be lodged with Anti Corruption Branch of CBI where staff involvement is prima facie evident). Economic Offences Wing of CBI (wherestaff involvement is prima facie not evident) |
| PSBs | More than Rs. 25 crore and uptoRs. 50 crore | CBI | To be lodged with Banking Security and Fraud Cell (BSFC) of CBI (irrespective of the involvement of a public servant) |
| PSBs | More than Rs. 50 crore | CBI | To be lodged with the Joint Director (Policy), CBI, HQ, New Delhi. |
This was stated by Shri Santosh Kumar Gangwar, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha today.