Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Banking Frauds Rise in H1FY25, Amount Involved Jumps 8-Time
Millennium Post Delhi
|December 27, 2024
RBI Released Report on Trend & Progress of Banking in India 2023-24 Which Presents Banking Sector's Performance in FY24 and FY25 So Far
-
MUMBAI: The number of bank frauds witnessed a significant on-year increase in the first half of the current fiscal to 18,461 cases and the amount involved jumped more than eight-fold to Rs 21,367 crore, according to RBI data released on Thursday.
The Reserve Bank of India (RBI) has released the Report on Trend and Progress of Banking in India 2023-24 which presents the performance of the banking sector, including commercial banks, co-operative banks and non-banking financial institutions, during 2023-24 and 2024-25 so far.
The report said the number of frauds during April-September stood at 18,461 involving Rs 21,367 crore compared to 14,480 cases involving Rs 2,623 crore in the comparative period of the last financial year, based on the date of fraud reporting.
It further said frauds present multiple challenges for the financial system in the form of reputational risk, operational risk, business risk and erosion of customer confidence with financial stability implications.
Denne historien er fra December 27, 2024-utgaven av Millennium Post Delhi.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Millennium Post Delhi
Millennium Post Delhi
UP: Noida International Airport set to be inaugurated soon
Access to the upcoming Noida International Airport in Jewar is set to become smoother, with extensive road, rail, and bus connectivity being developed to link it with Delhi-NCR, Agra, Aligarh, Mathura, Meerut, and Haryana.
1 min
October 31, 2025
Millennium Post Delhi
'Terrorizers 111', cyber group behind serial bomb threats is using 'TOR BROWSER': Delhi Police
The “Tor browser”, a tool originally developed by the United States government to ensure online privacy and anonymity, has now emerged as a major challenge for Indian law enforcement agencies as cybercriminals increasingly exploit it to send bomb threats, an official said on Thursday.
1 mins
October 31, 2025
Millennium Post Delhi
Delhi Police steps up safety measures for traffic staff amid worsening air
As the capital remains under the grip of “very poor” air quality, and with temperatures dropping, Delhi Police has drawn up a comprehensive plan to safeguard its traffic personnel from adverse effects of pollution and cold, officials said on Thursday.
1 min
October 31, 2025
Millennium Post Delhi
ISS marks 25 years of nonstop human presence in orbit
Russia continued flying private clients
1 min
New Delhi 31October2025
Millennium Post Delhi
US ends automatic work permit extensions; students, spouses of H-1B holders to be hit
The United States Department of Homeland Security (DHS) has abruptly halted the automatic extension of certain Employment Authorisation Documents (EADs), effective Thursday, October 30 (US time).
2 mins
October 31, 2025
Millennium Post Delhi
EASING SUPPLY BOTTLENECKS China grants licences to Indian firms to import rare earth magnets
China has approved import licences for certain Indian companies to purchase rare earth magnets, India’s Ministry of External Affairs (MEA) confirmed on Thursday, marking a notable step toward stabilising relations between the two countries after years of tension along the Line of Actual Control (LAC).
1 mins
October 31, 2025
Millennium Post Delhi
Smog chokes Capital: Eyes burn, coughs rise as air nears ‘severe’
A thick blanket of smog descended over the national capital on Thursday, triggering widespread health concerns as residents complained of burning eyes, persistent cough, and difficulty in breathing.
2 mins
October 31, 2025
Millennium Post Delhi
Super Cup: EB out for revenge against MBSG
Picking up pieces from their IFA Shield final defeat, East Bengal will be eyeing revenge against arch-rivals Mohun Bagan Super Giant in a group A contest which will double up as the virtual quarterfinal of the Super Cup here on Friday.
1 min
New Delhi 31October2025
Millennium Post Delhi
Sensex tanks nearly 593 pts hit by foreign fund outflows
Equity markets fell sharply on Thursday, with the Sensex tumbling 592.67 points and the Nifty declining to 25,877.85 level, as fresh foreign fund outflows and uncertainty on the future course of rate action by the US Federal Reserve dampened investors sentiment.
1 min
October 31, 2025
Millennium Post Delhi
Gold investment hits record $10 billion in India as prices surge: WGC
MUMBAI: Rising gold prices have triggered record investment demand in India, with purchases of bars and coins worth $10.2 billion in the September quarter, the World Gold Council (WGC) reported on Thursday.
1 min
October 31, 2025
Listen
Translate
Change font size