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₹160 Crore FD Scam Exposed: How “Non-Existent Deposits” Shocked India’s Banking System
Banking Awareness

₹160 Crore FD Scam Exposed: How “Non-Existent Deposits” Shocked India’s Banking System

What if your “fixed deposit” never actually existed? A ₹160 crore fraud linked to Kotak Mahindra Bank and Panchkula Municipal Corporation exposes deep cracks in India’s financial system—raising serious questions about trust, audits, and digital verification.

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