For the best experience use inshorts app on your smartphone
Which banks recorded the highest value of frauds in 9 months as per govt data?
short by Kiran Khatri / on Wednesday, 30 March, 2022
Twenty-seven scheduled commercial banks and financial institutions reported 96 cases of frauds of over ₹100 crore from April-December 2021, amounting to ₹34,097 crore, RBI data showed. PNB recorded the highest value of frauds at ₹4,820 crore. Bank of India recorded frauds worth ₹3,925 crore, SBI recorded frauds worth ₹3,902 crore, while Yes Bank recorded frauds worth ₹3,869 crore.
read more at BloombergQuint