Total bank frauds rise more than double to ₹1.85 trillion in FY20: RBI

The annual report of Reserve Bank of India showed that the bank frauds of ₹100,000 and above have more than doubled in value to ₹1.85 trillion in FY20, with the number of such cases increasing 28% in the same period. The central bank data showed that a majority of these frauds are in loan portfolios of banks, both in terms of number and value.

from IndiaTV Business: Google News Feed https://ift.tt/3jhOHjP

Post a Comment

0 Comments