The Central Bureau of Investigation (CBI) convened a coordination meeting with officials of the Banking Securities Fraud Investigation Zone, Department of Financial Services (DFS), MoF and Chief Vigilance Officers of Public Sector Banks here on Tuesday (June 17, 2025).
During the day-long meeting, all pending matters pertaining to ongoing investigation and prosecution of the bank fraud cases being handled by CBI were discussed and several issues were sorted out, said a release.
According to the release, the meeting was a follow up meeting after the high-level meeting held in January this year between Department of Financial Services, CBI and Public Sector Banks, in Mumbai. The agenda was to enhance the interdepartmental cooperation and expedite investigations pertaining to bank fraud cases.
During the meeting, detailed presentations were made by the CBI and Public Sector Banks officials on relevant operational issues.
Many aspects were discussed and resolved. A close coordination between the banks and CBI in terms of timely sharing of relied-upon documents was acknowledged.
Further efforts to streamline procedures and ensure proactive cooperation in matters related to obtaining approvals and sanctions under Section 17A and Section 19 of the Prevention of Corruption Act were also emphasised.
The Officers from CBI and Public Sector Banks exchanged case-specific details and discussed the way forward to expedite pending investigations.
The meeting concluded with a consensus to maintain the current momentum of cooperation between the CBI and Public Sector Banks. Emphasis was laid on continuing structured engagement and institutional collaboration to overcome procedural bottlenecks, expedite investigations, resolve pending issues, and ensure timely completion of investigations, the release stated.
Published – June 18, 2025 04:00 am IST
