Canara Bank detects frauds worth ₹3.9 cr in internal probe: Report

State-led Canara Bank is investigating fraud in its housing finance unit Can Fin Homes after a whistleblower alleged irregularities in certain accounts, Reuters reported quoting a source. The bank has detected frauds in 37 accounts worth ₹3.9 crore, the source said. They added that fake income tax return documents had been submitted for these accounts.

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