21 govt banks lost â¹25,775 crore in bank frauds in FY18: RTI
Twenty-one state-owned banks have incurred losses amounting to â¹25,775 crore due to banking frauds in 2017-18, an RTI reply has stated. PNB had incurred the highest loss of â¹6,461.13 crore during the fiscal, followed by SBI, which incurred losses of â¹2,390.75 crore. The RBI clarified that only those cases of fraud, involving a sum of over â¹1 lakh, were included.