A major banking fraud has come to light in Kota after ICICI Bank’s internal investigation identified Sakshi Gupta, a former ...

An ICICI Bank relationship manager has been suspended for allegedly stealing Rs 4.58 crore. Sakshi Gupta misused a User Fixed Deposit link to withdraw money from over 110 customer accounts. She ...

One would think their money is safest in a bank. But, in a shocking case, this bond of trust was leveraged by a woman officer of a bank in Rajasthan's Kota to dupe customers of more than Rs 4 crore.

According to media reports, Sakshi Gupta, a relationship manager of ICICI Bank in Kota defrauded around ₹ 4.58 crore from at least 41 customers in hopes of achieving high returns but ended up ...

The investigation revealed that she linked customers' accounts to her relatives' mobile numbers, preventing customers from receiving one-time passwords.

Sakshi Gupta, a former bank relationship manager in Kota, has been arrested for allegedly siphoning off over Rs 4.58 crore from customer accounts between 2020 and 2023.

Sakshi Gupta, an ICICI Bank relationship manager in Kota, has been arrested for allegedly siphoning off Rs 4.58 crore from customer accounts between 2020 and 2023.

Experts have suggested that the RBI should introduce systems like tokenisation for fixed deposits, which would ensure that sensitive FD information is accessible only to the account holder.

The accused, Sakshi Gupta, was serving as a relationship manager at ICICI Bank and is alleged to have diverted funds from fixed deposits to invest in the stock market and faced heavy losses.

The accused, Sakshi Gupta, was posted as a relationship manager at ICICI Bank's DCM branch. Police said she had been pilfering from more than 110 accounts belonging to 41 customers for around two ...

They also emphasised the need for the central bank to strengthen its supervisory mechanisms to detect such frauds early and effectively.

The accused, Sakshi Gupta, worked at the bank’s DCM area branch from 2020 to 2023. ... An ICICI Bank spokesperson said, “The interest of our customers are of paramount importance to us.