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@article{198889,
        author = {Kuku Ram Kanojia and Dr.Rajesh Singh},
        title = {ROLE OF LAW ENFORCEMENT AGENCIES IN INDIAN BANKING FRAUD},
        journal = {International Journal of Innovative Research in Technology},
        year = {2026},
        volume = {12},
        number = {11},
        pages = {10626-10628},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=198889},
        abstract = {There are many Law Enforcement agencies, the Central agencies are i.e., National Investigation Agency (NIA), Directorate of Enforcement (ED), Central Bureau of Investigation (CBI) and Narcotics Control Bureau (NCB) apart from other central agencies. There are state agencies i.e., Police, CID etc.
Role of law enforcement agencies is very crucial in the cases of frauds, which are taking place every day includes detecting, investigating and prosecuting in banking frauds. These agencies are working in coordination with regulatory authorities. One of the major issues in the last one decade that accounts have been declared as Fraud Accounts as per Reserve Bank of India (RBI) guidelines without having thoughts that whether the account is one year old, two year or ten years, but banks immediately declare account as Fraud Account and it have been hand over to Central Bureau of Investigation (CBI) for investing the reasons why/how customers have cheated the Bank. After reporting to RBI and the forensic audit is also carried over by various agencies, banks get rid of recovering the amount from borrower on the pretext that matter reported to CBI. Banks even forget that CBI is law enforcement agency not recovery agency. If we see the big corporates accounts which have been written off and if we hand over to CBI lots many issues will come on surface. So, either all accounts which have been written off should be hand over to CBI or it should the periodicity of account reported to CBI as per the age of accounts. If Customer have been maintaining the accounts properly and serving the interest/ instalments well in time for more than five years or a decade and facilities have been reviewed/renewed during this period then how it is treated a Fraud Account. It shows that the Fraud reporting policy of RBI needs to revisit otherwise any good account/ customer can be classified as Fraud account which will adversely impact the image of Customer, his reputation has also been lost due to wrong exercise of classification as Fraud account. There may be various reasons for classifying account as NPA as prescribed by RBI but accounts need proper and focused application of thoughts/circumstances/reasons by which the account to be classified as Fraud .1.
1. RBI Master Circular No. DBR No. BPBC 2/21.04.048/2015-16 dated July 01, 2015 revised vide Master Circular No. DOR No. str rec. 55/21.04.048/2021-22 dated October1, 2021.},
        keywords = {RBI, CBI, ED, Police, NPA, Forensic Audit, detection, investigation, embezzlement, depositors, borrowers, frauds, bankers, FEMA. IT Act2002, The Prevention of Corruption Act.},
        month = {April},
        }