Tag: 73% spike in frauds

Banks see whopping 73% spike in frauds at Rs 71,543 cr in FY19

Mumbai, Jul 4: Banks have reported a massive 73 percent increase in incidents of fraud worth Rs 71,543 crore in FY19, a senior Reserve Bank official said Thursday. Till March 2019, the top five, 10 and 100 cases of frauds cumulatively reported constituted 24 percent, 34 percent and 70 […]

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