Frauds in PSBs dip 51% to Rs 40,295 crore; number of cases not falling fast enough: RBI
New Delhi, 15/5: Public sector banks reported over 51 per cent dip in the amount involved in frauds to Rs 40,295.25 crore during the financial year ended March 2022, the Reserve Bank of India has said. The 12 PSBs (Public Sector Banks) had reported frauds worth Rs 81,921.54 crore in preceding fiscal 2020-21,…
