Live
- KCR hand in glove with BJP: Revanth
- Kaleshwaram Irregularities: Ghose Commission to dig deep to find flaws
- Kudos to young boy: Saichand’s timely action saves trapped workers
- MyVoice: Views of our readers 27th April 2024
- WHO launches first ever Patient Safety Rights Charter
- Guntur: Narendra Modi to campaign in Andhra Pradesh on May 7,8
- Lower Voter Turnout: ‘400 paar’ looks remote for NDA
- ‘Reduce, Reuse, Recycle’: Mantra for green living
- BJP MP candidate Bharat Prasad visited the student who tried to commit suicide
- PM’s popularity in the fast lane: Autos with 'Har Dil Mein Modi' slogan spotted across Delhi
Bank fraud touches Rs 71,543 crores in FY19
Highlights
The number of cases of frauds reported by banks saw a jump of 15 per cent year-on-year basis in 2018-19, with the amount involved increasing by 73.8 per cent in the year, RBI's annual report showed.
Mumbai: The number of cases of frauds reported by banks saw a jump of 15 per cent year-on-year basis in 2018-19, with the amount involved increasing by 73.8 per cent in the year, RBI's annual report showed.
In FY19, banking sector reported 6,801 frauds involving Rs 71,542.93 crore as against 5,916 cases involving Rs 41,167.04 crore reported in 2017-18.
Among bank groups, PSBs, which constitute the largest market share in bank lending, have accounted for the bulk of frauds reported in 2018-19.
Next Story
ADVERTISEMENT
