July 2, 2017 1:54 PM

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CVC monitors CBI probe in top bank frauds, including Mallya

Vigilance Commissioner in the Central Vigilance Commission, T M Bhasin has said that bankers need to muster courage to recover their money individually or collectively from defaulters. <br/><br/>Mr Bhasin said, the Central Vigilance Commission (CVC) is supervising CBI's probe in 10 top bank fraud cases, including one involving fugitive businessman Vijay Mallya. Speaking to a news agency, Mr Bhasin said bankers need have no fear if their decisions are bonafide. <br/><br/>Our correspondent reports, his assertion assumes significance as the Central Bureau of Investigation is looking into a large number of bank fraud cases worth crores of rupees and involving private firms and businessmen.

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