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Bank frauds jump 8 times in first half of FY25 over a year – Times of India

adminDecember 26, 202402 mins

MUMBAI: In 2023-24, banks reported the lowest amount involved in frauds in 10 years. The average amount per fraud was the lowest in 16 years. In the first half of FY25, however, there has been an 8x increase in the fraud amount to Rs 21,397 crore.The fraud numbers are based on the date of reporting….

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