Latest news

CBSE  date sheet released: term 1 board exam from November 30

CBSE date sheet released: term 1 board exam from November 30

#BoycottFabIndia trends: Clothing brand trolled for Diwali ad

#BoycottFabIndia trends: Clothing brand trolled for Diwali ad

'Cannot cut corners': WHO on approving India's Covaxin shot

'Cannot cut corners': WHO on approving India's Covaxin shot

Surprise drop! BTSxColdplay release My Universe- Suga's Remix

Surprise drop! BTSxColdplay release My Universe- Suga's Remix

Pixel 6 pricing leaks ahead of launch: check expected price

Pixel 6 pricing leaks ahead of launch: check expected price

RBI records 72% spike in bank frauds, over ₹41,100 cr lost

According to an RBI data reported by The Indian Express, banks collectively lost ₹41,167.7 crore in fiscal year 2017-18, a sharp 72% increase from last year. The fiscal year saw 5917 cases of bank fraud, with data revealing a steady rise in the number of cases over the last four years. 93% of the fraud cases with amounts over ₹1 lakh occurred in Public Sector Banks, with the PNB scam involving Nirav Modi contributing significantly to this year's jump.

Up Next

RBI records 72% spike in bank frauds, over ₹41,100 cr lost

RBI records 72% spike in bank frauds, over ₹41,100 cr lost