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Banking Frauds

Dark Secrets Of Bank Frauds Revealed – Rs 1 Lakh Cr ‘Officially’ Looted In Last 5 Years!

Mohul Ghosh May 3, 2018 1

In a Right to Information reply, RBI has revealed some dark secrets of banking frauds, and the sheer volume will shock you. As per the reply shared by RBI, collectively Rs 1 lakh crore worth of banking frauds have happened in India, in the…

banking

Indian Banks Experience 1 Fraud Every Hour; Rs 1.6 Crore Loss Every Hour Recorded!

Mohul Ghosh Apr 4, 2018 0

Between April 2016 and March 2017, Indian banks reported a total of 12,533 cases of frauds, all across the country. These findings were shared by Institutional Investor Advisory Services, which is a proxy advisory firm. The total loss…