Banking Frauds Rise in H1 of FY25: RBI
Ahmedabad Mirror|December 27, 2024
Eight-fold jump of Rs 21,367 cr fraud reported; pvt sector records most cases
Banking Frauds Rise in H1 of FY25: RBI

The number of bank frauds witnessed a significant on-year increase in the first half of the current fiscal to 18,461 cases and the amount involved jumped more than eightfold to Rs 21,367 crore, according to RBI data released on Thursday.

The Reserve Bank of India has released the Report on Trend and Progress of Banking in India 2023-24, which presents the performance of the banking sector, including commercial banks, co-operative banks, and non-banking financial institutions, during 2023-24 and 2024-25 so far.

This story is from the December 27, 2024 edition of Ahmedabad Mirror.

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This story is from the December 27, 2024 edition of Ahmedabad Mirror.

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