CBI Probing Alleged Rs 1,000-Crore Scam At State-Run Syndicate Bank

New Delhi: The Central Bureau of Investigation (CBI) on Tuesday said it was investigating alleged fraud at state-run Syndicate Bank amounting to about Rs 1,000 crore ($150 million). Acting on a complaint from the bank, the CBI has registered cases against five bank officials and four others, it said in a statement. It said it was conducting searches at 10 locations across three cities including New Delhi. The suspects were believe...