â¹1 lakh crore-worth bank frauds reported in last 5 yrs: RBI
Over 23,000 cases of bank frauds involving â¹1 lakh crore have been reported in the past five years, the RBI said in reply to an RTI query. A total of 5,152 cases of fraud were reported between April 2017 and March 1, 2018, involving the highest amount of â¹28,459 crore. In 2016-17, banks reported 5,076 cases involving â¹23,933 crore.