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The Finance Base
Banking fraud

CBI Books Four Canara Bank Officials and Two Others in Multi-Crore Fixed-Deposit Fraud Case

A report published October 2, 2026 says the CBI booked four Canara Bank officials and two others over an alleged multi-crore fixed-deposit fraud. The exact amount and branch are not stated; depositors can check that their FDs appear in Canara Bank’s own records.

By TheFinanceBase Team 2 min read
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The Central Bureau of Investigation (CBI) has reportedly registered a case against four Canara Bank officials and two other people over an alleged multi-crore fixed-deposit fraud, according to a report published October 2, 2026, which attributes its account to Prudent Media Goa. The report gives no precise amount or branch details. Being named in a reported case is an allegation, not proof of guilt.

What is reported about the alleged fixed-deposit fraud?

The October 2, 2026 report says the CBI booked four Canara Bank officials and two other people in connection with an alleged multi-crore fixed-deposit fraud. The account attributes the case information to Prudent Media Goa. It does not provide a specific amount, identify a branch or location, name affected depositors, or describe how the alleged fraud was carried out.

The report does not cite a case number or an official CBI statement about this specific allegation. The available information therefore supports describing it as a reported case registration and allegation—not as a finding that any named person is guilty or that depositors have lost money.

What should Canara Bank fixed-deposit holders check?

The report’s practical advice is to confirm that each fixed deposit appears in the bank’s own records. This is a general account-checking step; the report does not say that the allegation affects all Canara Bank customers or any particular depositor.

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  • Net banking or the mobile app: Check the fixed-deposit details shown in the bank’s digital records.
  • Passbook: Review the relevant entry if your deposit is recorded there.
  • Branch-issued statement: Ask the branch for a bank-generated record showing the deposit.

These options differ in convenience and in the form of bank-generated record available. The report does not establish that one channel is more secure than another. If a deposit is missing or its details do not match your own documents, contact Canara Bank through its official channels and request clarification; keep copies of the records and communications relevant to your query.

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Is this the same as the separate ₹1,109-crore Canara Bank case?

No. A Press Information Bureau release dated July 19, 2026 describes a different alleged Canara Bank matter: a ₹1,109-crore lending fraud involving Gupta Power Infrastructure, with searches across four states. That separate case does not establish the amount, facts, or alleged conduct in the fixed-deposit matter. Read the PIB release.

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