"More than 1,200 new bank accounts were opened in the said branch without PAN (permanent account number)," the Central Board of Direct Taxes, which frames policy for the tax department, said in a statement.source https://economictimes.indiatimes.com/industry/banking/finance/banking/it-department-freezes-rs-53-crore-deposits-of-maharashtra-based-urban-cooperative-bank/articleshow/87551122.cms
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