Banks reported 44,016 frauds in last 11 years

According to the data provided by the Finance Ministry,banks have reported 44,016 frauds in the last 11 years since 2008-09.The frauds being considered in the list are those involving ₹1 lakh or more. The ministry said that the government had issued a ‘framework for the timely detection,reporting,investigation relating to large value banks frauds’. The framework… Continue reading Banks reported 44,016 frauds in last 11 years