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Tag: india

India’s state-run banks report fraud of more than $13 billion in 6 months

NEW DELHI – India’s state-run banks reported fraud worth 958 billion rupees ($13.3 billion) from April to end-September of this year, the country’s finance minister said on Tuesday, as the government struggles to help banks recoup losses. State banks reported 5,743 cases of fraud in the period, most […]

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