Axis Bank Scam: Muthukur (Nellore): A huge scam of Rs 10 crore 60 lakhs has come to light in Muthukur in Axis Bank. Ketugals played a key role in this scam. They took loans in the names of about 56 people by promising to give loans to innocent tribals.
The individuals who set up a fake company, presented tribals as employees, applied for jobs in their names, and created a statement stating that the fake company had been paying salaries to tribals for six months and took out loans.
However, this scam took place between 2022-24. Notices were issued to tribals to tie them up under the Axis Bank Scam. In 2024, in the names of four peopleAxis Bank Manager ComplaintIt is being revealed that bank employees are involved in this scam .
Who is the owner of Axis Bank?
Axis Bank is primarily owned by its shareholders, including institutional investors, retail investors and mutual funds. Although it was initially promoted by the Specified Undertaking of Unit Trust of India (SUUTI), Life Insurance Corporation of India (LIC) and others, LIC is currently the only remaining promoter.
Is Axis Bank a strong bank?
Axis Bank wins ICC Emerging Asia Banking Awards 2024: Best Bank in India (Private Sector – Large) Best Private Bank (Large): Best Performance on Profitability.
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Tags: Axis Bank Scam Bank Employees Involvement Breaking News Fake Company