As many as 6,801 cases of fraud were reported by scheduled commercial banks and select financial institutions.
Tag: BANK FRAUDS
EDITORIAL: A Journey to Jail?
The signalling is clear. The Modi govt will go to any extent to protect those who fund it and enable it to out-spend all political parties.
Economy in Dire Straits, FM Defending Defence Deals: Congress
“As per an RBI report, there was a 72 per cent rise in bank frauds in 2017-18,” Congress spokesperson Abhishek Singhvi said.
Bank Frauds Increased By 72% in 2017-18; Number of Frauds Quadrupled in Last 4 Years: RBI
The Rs 13,000 crore PNB fraud case involving Nirav Modi, Mehul Choksi primarily led to jump in the amount.
Is Modi Govt More Loyal To ‘Con-Man’ Than To ‘Common-Man’?: Congress
The party demanded that Finance Minister Arun Jaitley be sacked due to his family’s financial links with fraudster Mehul Choksi.
NCP Targets Centre Over High Profile Banking Fraud Cases
The NCP hit out at the Centre over some of the ‘high profile’ banking frauds and asked if the government intends to publish the list of such cases.
Indians Are Biggest Victim of Bank Frauds, Claims International Study
Most of the victims of bank fraud are people in the age group of 27-37 years, said the report.
21 PSBs Lost Rs 25,775 Cr In Bank Frauds In 2017-18: RTI
RTI, however, did not disclose the numbers of cases or the nature of fraud.