In this episode, we examine a real banking operations lapse where a routine expense entry of ₹820 for a xerox bill resulted in an unauthorized debit of ₹6.72 lakhs due to incorrect data entry in the Core Banking System.

The case highlights how maker–checker failures, casual authorization, and non-review of mandatory reports can quickly turn a small clerical error into a major financial loss. Despite system alerts being generated, the excess credit remained unnoticed for days and was later withdrawn by the vendor.

🎧 Key learnings from this episode:

• How data entry errors in CBS can cause large financial losses

• Importance of the maker–checker concept in expense transactions

• Why mandatory reports and clerk-wise transaction reviews are critical

• Role of OTM alerts and consequences of closing them without verification

• Accountability of Branch, Regional Office, and Circle Office

• Practical preventive measures to avoid unauthorized debits

This episode is essential for branch operations staff, clerks, officers, branch managers, internal auditors, and banking exam aspirants, reinforcing a crucial lesson: small negligence in routine work can lead to big vigilance and recovery issues.

⚠️ Accuracy, alertness, and verification are non-negotiable in banking operations.

In this episode, we break down one of India’s most dangerous and fast-growing cyber frauds — the SIM Swap Scam, where criminals take control of your mobile number and empty your bank accounts within hours.

We analyse a real case involving a Mumbai-based steel trading business, where fraudsters secretly converted the victims’ physical SIM into an e-SIM using fake documents. The moment their phones showed “No Service”, scammers intercepted banking OTPs, bypassed two-factor authentication, and transferred ₹7.5 crore into mule accounts.

🎧 In this episode, you’ll learn:

• What exactly is SIM Swap Fraud

• How scammers misuse e-SIM conversion

• Why sudden “No Service” is a serious red flag

• How OTP interception leads to massive fund transfers

• Real examples from Mumbai, Noida, Kolkata & Bhavnagar

• Immediate steps to take if your network suddenly drops

• How to report SIM swap fraud via 1930 & Cybercrime Portal

This episode is essential for business owners, salaried professionals, senior citizens, bankers, and families, because losing your SIM can mean losing control of your money.

🚨 Remember: If your phone suddenly loses network, act immediately — minutes matter.

In this episode, we examine a critical banking case involving serious deficiencies in taking over loans from other banks. The discussion highlights how inadequate due diligence, improper sanctioning, and weak post-sanction compliance can convert seemingly healthy takeover accounts into high-risk exposures.

The case brings out multiple lapses such as non-verification of credit information, failure to assess borrower creditworthiness, ignoring CRILC/SMA status, and non-adherence to takeover norms prescribed by the bank and regulators.

🎧 Key learning points from this episode:

• Why loan takeover cases demand stricter due diligence than fresh sanctions

• Mandatory checks before takeover: account vintage, asset classification, CRILC status

• Importance of analysing audited financials, liquidity & leverage ratios

• Common mistakes during sanction and disbursement in takeover proposals

• Post-sanction risks: missing documentation, unregistered charges, insurance gaps

• How weak monitoring after takeover leads to early stress and audit objections

This episode is especially useful for branch managers, credit officers, MSME desk officials, internal auditors, risk & compliance teams, and banking exam aspirants, offering practical insights into what can go wrong when takeover guidelines are ignored.

⚠️ Remember: A poorly evaluated takeover account is a ticking time bomb.

In this episode, we expose one of India’s fastest-growing cyber frauds — the Part-Time Task Scam, a dangerous mix of fake job offers and investment fraud that has wiped out crores of rupees from educated professionals.

We break down a real 2025 case from Bengaluru, where a private-sector employee lost ₹1.7 crore after being added to a WhatsApp group posing as a reputed financial institution. What began as a harmless part-time online task with small guaranteed profits slowly escalated into a full-scale fake trading and investment scam.

🎧 In this episode, you’ll learn:

• How part-time task scams actually work

• Why scammers pay small profits initially to gain trust

• How fake trading apps show imaginary profits

• The role of mule bank accounts in laundering money

• Red flags: guaranteed returns, WhatsApp groups, urgency

• Why victims are blocked when they try to withdraw money

• What to do if you receive such job or investment offers

• How and where to report fraud via 1930 & Cybercrime Portal

This episode is a must-listen for job seekers, IT professionals, students, investors, bankers, and families, because easy money online often comes with hidden traps.

🚨 Remember: No legitimate job or investment guarantees daily profits.

In this episode, we deep-dive into a real banking fraud case involving WhatsApp impersonation, cheque misuse, and unauthorized RTGS transfers that resulted in a loss of ₹1.3 Crores from a corporate account.

A fraudster impersonated a legitimate partner of a firm and manipulated branch officials through WhatsApp calls, forged documents, urgency tactics, and false business promises. Due to procedural lapses and failure to verify customer credentials, multiple high-value transactions were processed without proper authorization.

🎧 Key learnings from this episode:

• How WhatsApp phishing scams target bank officials

• Common red flags in impersonation-based frauds

• Why oral / WhatsApp instructions are dangerous

• Importance of verifying registered mobile numbers & email IDs

• Risks of issuing cheque books without proper requisition

• How pressure, urgency, and business temptation cloud judgment

• Preventive measures every branch must follow to avoid such frauds

This episode is essential listening for bank officers, branch managers, operations staff, auditors, compliance teams, and banking exam aspirants to understand how small deviations from SOPs can lead to major frauds and accountability issues.

⚠️ Remember: Fraud doesn’t start with technology failure — it starts with process failure.

In this episode, we uncover one of India’s most terrifying and sophisticated cyber frauds — the Digital Arrest scam that shook the nation and led to a ₹7 crore financial loss for a highly respected senior citizen.

Fraudsters posing as CBI and Enforcement Directorate officials trapped the victim in a fake investigation, staged a virtual courtroom, sent forged arrest warrants, and kept him under 24/7 video surveillance, threatening arrest under serious charges. Under fear and isolation, the victim was coerced into transferring crores of rupees as “bail money”.

🎧 In this episode, you’ll learn:

• What exactly is a Digital Arrest scam

• How scammers impersonate CBI, ED, and even the Chief Justice

• Why video calls, fake courtrooms & forged documents feel real

• How isolation and fear override rational thinking

• Why even educated, successful people fall victim

• What to do if someone says “You are under investigation”

• How to report such frauds via 1930 & Cybercrime Portal

This episode is a must-listen for senior citizens, families, bankers, students, and professionals, because cybercrime today targets the mind before it targets money.

🚨 Remember: No police, CBI, ED, or court can arrest you over a video call.

In this episode, we break down Due Diligence in Banking — a critical but often underestimated process that protects banks, officers, and customers alike.

We discuss when due diligence is required, its core objectives under KYC/AML norms, and how lapses can lead to frauds, mule accounts, benami transactions, and NPAs.

The episode covers:

• Due diligence while opening deposit accounts

• Pre-sanction and post-sanction checks in lending

• Importance of CIBIL analysis beyond credit score

• Bank statement scrutiny and supplier verification

• Risks in DSA-sourced proposals

• Early Warning Signals (EWS) and post-sanction vigilance

• Real-world challenges faced by bankers and how to mitigate them

A must-listen for bank officers, credit managers, compliance teams, auditors, and IBPS/JAIIB aspirants who want to understand how quality due diligence safeguards both the institution and the individual officer.

🎧 Practical. Relevant. Ground-level banking insights.

In this episode, we expose one of India’s most dangerous phishing and fake alert scams — the infamous SBI RewardZ / KYC Update APK fraud that targeted thousands of bank customers, especially senior citizens and first-time digital users.

Fraudsters used WhatsApp and SMS messages claiming urgent reward redemption or KYC updates, tricking victims into downloading a malicious APK file. Once installed, the malware silently accessed SMS, OTPs, and banking credentials, allowing scammers to drain accounts in minutes.

🎧 In this episode, you’ll learn:

• How the SBI RewardZ APK scam actually works

• Why APK files sent on WhatsApp/SMS are extremely dangerous

• How scammers bypass OTPs using malware

• Common red flags in fake KYC & reward alerts

• What to do immediately if you click a phishing link

• How to report cyber fraud via 1930 & Cybercrime Portal

This episode is a must-listen for bank customers, bankers, students, parents, and anyone using mobile banking, because one careless click can lead to total financial loss.

🚨 Remember: Banks never send APK files for KYC or rewards.