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Bank Fraud Cases Down, But Value Rises 3-Fold in FY25: RBI

The New Indian Express Mysuru

|

May 30, 2025

Despite a decline in the number of reported bank frauds in 2024-25, the total value involved in these frauds almost trebled compared with the previous year, according to the Reserve Bank of India's annual report.

- Dipak Mondal @New Delhi

The increase is attributed to the reclassification and fresh reporting of earlier cases following a Supreme Court ruling on due process.

MEER VERHALEN VAN The New Indian Express Mysuru

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