Kotak Mahindra Bank denies of operating fake accounts after I-T raid

7 views | Dec 23, 2016, 03:22:27 PM
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The Income Tax Department conducted a raid at the Kotak Mahindra Bank in the national capital’s KG Marg branch in connection with a survey on two of its customers. The bank, however, denied that they were operating any fake account after issuing a statement. This raid comes after the I-T department unearthed at least 15 fake accounts at the Chandni Chowk branch of Axis Bank.

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