Financial Institutions Report over 10,000 Cases of Fraud Involving ₹48,000 Crore in FY26: RBI Data
Advances accounted for the largest share as public sector banks reported the biggest fraud value, while card and digital payment frauds fell sharply.
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Financial institutions report over 10,000 cases of fraud involving ₹48,000 crore in FY26: RBI data
An assessment of bank group-wise fraud cases over the last three years indicates that although number of frauds for public and private sector banks has reduced, amount involved has increased over the years, say RBI Report
Last Updated on May 30, 2026 12:40 am by INDIAN AWAAZ Reserve Bank has reported that a total of 10,114 cases of fraud were registered in banks and financial institutions in the financial year 2025-26. In these, fraud of Rs 48,21 crores has taken place. The assessment of fraud cases in the last three years in the annual report of Reserve Bank released today shows that the incidents of fraud in public and private sector banks have reduced but the …
Financial Institutions Report Over 10,000 Cases Of Fraud Involving Rs 48,000 Cr In FY26: RBI Data
MUMBAI, May 29: Banks and financial institutions, taken together, reported 10,114 fraud cases involving Rs 48,021 crore in 2025-26, against 23,722 cases involving Rs 32,803 crore in 2024-25, according to the annual report for the Reserve Bank released on Friday. An assessment of bank group-wise fraud cases over the last three years indicates that although the number of frauds for public and private sectors banks has reduced, the amount involved …
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