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Bank Frauds Triple to $4.2 Billion in FY25 as Credit Scams Rise
Hindustan Times Patna
|May 30, 2025
Bank frauds in India have jumped threefold last year, with loans contributing to the bulk of such cases, while discrepancies in digital payments had declined.
The amount of frauds climbed to ₹36,000 crore ($4.2 billion) at the end of March this year, compared with ₹12,230 crore a year ago, according to the Reserve Bank of India's (RBI's) latest annual report, which looked at cases above ₹1 lakh.
The jump was exacerbated by an addition of 122 cases amounting to a fraud of ₹18,674 crore.
Cette histoire est tirée de l'édition May 30, 2025 de Hindustan Times Patna.
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