Why Is India's Banking Sector Vulnerable To Frauds? | Left, Right & Centre

The CBI has arrested Videocon group founder Venugopal Dhoot in connection with the ICICI Bank loan fraud case, just two days after the arrest of the bank's former CEO Chanda Kocchar. The CBI is investigating a case linked to alleged irregularities in an over Rs 3,000 crore loan provided by ICICI to Videocon group when Chanda Kochhar was heading the private bank. On Left, Right & Centre, we ask - why is India's banking sector so vulnerable to frauds?

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