Kolkata, June 18 (UNI) A meeting involving the CBI and officials of the Department of Financial Services (DFS), and chief vigilance officers of public sector banks has stressed the need for more close coordination among them to crack down on banking frauds at an early stage.

The coordination meeting was held in Bangalore on Tuesday, a follow-up after a high-level meeting on the issues was held on January 30 last in Mumbai.

The agenda was to enhance the interdepartmental cooperation and expedite investigations pertaining to bank fraud cases.

CBI officials and public sector banks exchanged case-specific details and deliberated on expediting pending investigations.

The representatives also stressed that further efforts are to be made to streamline procedures and ensure proactive cooperation in matters related to obtaining approvals under Section 17A and Section 19 of the Prevention of Corruption Act.

The focus was on continuing structured engagement and institutional collaboration to overcome procedural bottlenecks, expedite investigations, resolve pending issues, and ensure timely completion of investigations.

UNI PC PRS