With numerous financial frauds happening with top banks in India, one can never be careful enough about their assets and finances. From forging statements to fraudulently increasing card limits, a variety of crimes can be seen in the commerce sector of the country.
In one such case, a Mumbai-resident allegedly spent USD 1. 41 million which converts roughly to Rs 9.1 crore, on British e-commerce websites using a foreign travel card. This card was issued by the State Bank of India with a meagre spending limit of USD 200 which is about Rs 13,000, prompting the CBI to register an FIR today, reported PTI.
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