FY22 witnessed sharp decline in banking frauds above Rs100 crore
With banks reporting cases of Rs41,000 crore in 2021–22 compared to Rs 1.05 lakh crore the year before, frauds in the banking sector involving amounts over Rs100 crore have drastically decreased. 118 fraud instances were reported in private and public sector banks in FY22, down from 265 in FY21, according to government data. According to …
FY22 witnessed sharp decline in banking frauds above Rs100 crore Read More »