Advisory Board on Banking and Financial Frauds (ABBFF)
On 21st August, 2023, the Central Vigilance Commission (CVC) reconstituted the Advisory Board on Banking and Financial Frauds (ABBFF). The reconstituted APBFF will be chaired by Suresh N Patel, former Central Vigilance Commissioner.
- ABBFF conducts the first level examination of bank frauds before recommendations or references are made to investigate by agencies such as the Central Bureau of Investigation (CBI).
- It has been empowered to examine the role of officials/ whole-time directors (including ex-officials/ ex-whole-time directors) in public sector banks, public sector insurance companies; and public sector financial institutions in case of frauds amounting to Rs. 3 crore and above.
- It has also ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 SEBI Norms for Finfluencers
- 2 Vibrant Villages Programme-II
- 3 Balancing National Security and Human Rights: The Rohingya Issue
- 4 PRAHAAR – National Counter-Terrorism Policy
- 5 AI Governance Framework & IndiaAI Mission
- 6 LWE Strategy – “Legacy & Thrust Areas”
- 7 e-Courts Mission Mode Project Phase III
- 8 National Urban Digital Mission (NUDM)
- 9 51st G7 Summit 2025
- 10 The SHANTI Act, 2025
Current Affairs
- 1 Rights of Non-Tribals in Scheduled Areas
- 2 Judicial Recusal
- 3 Data Governance Quality Index (DGQI)
- 4 Article 355
- 5 Governor's Power to Dismiss the Ministers
- 6 Commission of Railway Safety
- 7 Right to Change Name
- 8 Prevention of Damage to Public Property
- 9 Jan Vishwas (Amendment of Provisions) Act 2023
- 10 Rule 176 vs. Rule 267 of Rajya Sabha
