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1. Central Government provides a detail related to the passport for the loans of Rs 50 crore and above passport detail is mandatory. After the fraudsters case increase in a country such as big defaulters like Nirav Modi, Mehul Choksi, Vijay Mallya, Jatin Mehta. The decision of the passport details mandate is helping to ensure the banks to timely take action and inform the correct and relevant authorities to prevent the fraudster from the fleeing the country. The information given by the Financial Service Secretary Rajive Kumar through tweets on Twitter. Trending news India This will also preventive to following the step to avoid the economic flights' offender and banks to collect the passport details. 2. PNB Scam: RBI strict for all the banks and ask to provide the details of letters of undertaking (LoUS) it is a form of credit guarantee which issued by them to the business entities in last some yea...