CBI raids underway at 50 places across 12 states against bank scams

New Delhi, :  A special drive by the Central Bureau of Investigation is underway on Tuesday wherein the probe agency search is on at more than 50 places across the country in bank fraud matters.
As per sources, the CBI searches are on in 18 different cities in 12 states and UTs. Searches are being conducted in various cities including Delhi, Mumbai, Ludhiana, Thane, Valsad, Pune, Palani, Gaya, Gurgaon, Chandigarh, Bhopal, Surat and Kolar, official sources said. 
Around 14 cases have been registered against the accused that include various firms , promoters and associates and the bank officials.
The amount involved is approximately Rs 640 crore. 
UNI.