4071 bank fraud cases worth ₹36,342 crores detected in H1FY2021-22

  • According to the RBI's Report on Trend and Progress of Banking in India 2020-21, 4071 banking fraud cases were detected involving an amount of ₹36,342 crores in the first half of FY2021-22.

  • In comparison to the last year, the number of fraudulent cases has increased from 3499 to 4071 but the amount involved in these cases has declined from ₹64,261 crores to ₹36,342 crores.

  • The report was released on Tuesday.

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