The Central Bureau of Investigation (CBI) conducted raids across 67 locations in Rajasthan and Maharashtra in connection with suspicious Immediate Payment Service (IMPS) transactions worth Rs 820 crore reported at UCO Bank. The raids aimed to uncover details related to the IMPS scam, which involved wrongful posting of transactions and credited Rs 820 crore to UCO Bank accounts without debiting the originating banks. Read The Rest at :
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