It has been reported that IT Raids on Axis Bank of Noida Branch and said to be Found New Notes worth Rs 60 Crore in 20 Fake Accounts. IT officials say that they are doing further investigations in this regard. IT is conducting raids on different banks all over the country with the information of fake companies depositing huge amounts after demonetization. Black money holders by joining hands with bankers are depositing huge amounts of banned currency by blocking new currency in the name of fake companies. It is reported that the government is going to take stringent action against the bankers who helped in money laundering.
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