Bank Frauds Increased to 18,461, Amount Involved Spikes 8x in H1FY25: RBI
The Statesman Siliguri|December 27, 2024
In the first half of the current fiscal, the number of bank frauds witnessed a significant on-year increase to 18,461 cases.
STATESMAN NEWS SERVICE

The amount involved in these frauds also jumped more than eight-fold to Rs 21,367 crore, RBI data said.

In its report on Trend and Progress of Banking in India 2023-24, RBI presented the performance of the banking sector, including commercial banks, co-operative banks and non-banking financial institutions, during 2023-24 and 2024-25 so far.

The number of frauds during April-September stood at 18,461 involving Rs 21,367 crore compared to 14,480 cases involving Rs 2,623 crore in the comparative period of the last financial year, based on the date of fraud reporting.

This story is from the December 27, 2024 edition of The Statesman Siliguri.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the December 27, 2024 edition of The Statesman Siliguri.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE STATESMAN SILIGURIView All
The Statesman Siliguri

Shastri, Ponting lament Shami's absence from BGT

The pacer could have changed the course of the 2024-25 edition of the series, feel former stars

time-read
3 mins  |
January 08, 2025
The Statesman Siliguri

U19 T20 World Cup a vital learning ground: Shafali

India's star opening batter Shafali Verma has hailed the ICC U19 Women's T20 World Cup as the perfect breeding ground for the next generation of stars.

time-read
2 mins  |
January 08, 2025
The Statesman Siliguri

Tottenham Hotspur Extend Heung-Min Son's Contract

Tottenham Hotspur have exercised the option to extend captain Heung-Min Son's contract for a year, which will now run until the summer of 2026.

time-read
1 min  |
January 08, 2025
The Statesman Siliguri

Questions that need to be answered ahead of Spanish Supercopa

There are some questions to be answered ahead of the Spanish Supercopa in Jeddah, Saudi Arabia, which kicks off on Wednesday when Copa del Rey holders Athletic Club Bilbao take on FC Barcelona, with Real Madrid facing cup runners-up Mallorca in the second semifinal on Thursday.

time-read
1 min  |
January 08, 2025
The Statesman Siliguri

Venezuelan forward Richard Celis signs up with East Bengal

East Bengal FC has secured the services of Venezuelan national team forward Richard Enrique Celis Sanchez for the remainder of the current Indian Super League (ISL) season.

time-read
1 min  |
January 08, 2025
The Statesman Siliguri

India to Field Biggest-Ever Contingent at India Open Badminton

Hosts India will field their biggest-ever contingent of 21 entries in the third edition of the India Open, the BWF World Tour Super 750 tournament, scheduled from 14 to 19 January at the KD Jadhav Indoor Hall, Indira Gandhi Stadium.

time-read
2 mins  |
January 08, 2025
The Statesman Siliguri

ISL: Ambitious FC Goa face struggling Hyderabad FC, target second spot

The Goans will fancy their chances of displacing former champions Bengaluru FC from the second position on the table

time-read
3 mins  |
January 08, 2025
The Statesman Siliguri

Copa del Rey: Real Madrid ease to 5-0 win against Deportiva Minera

Real Madrid rested most of their big stars and still hammered fourth-tier Deportivo Minera 5-0 to reach the last 16 of the Copa del Rey on Tuesday (Indian time).

time-read
1 min  |
January 08, 2025
The Statesman Siliguri

LPG connections to households jump over 2-fold to 32.83 crore in last 10 years

The number of LPG connections for household kitchens in the country has more than doubled to 32.83 crore, as of 1 November 2024, from 14.52 crore in 2014, according to the year-end review of the Ministry of Petroleum and Natural Gas released on Tuesday.

time-read
2 mins  |
January 08, 2025
The Statesman Siliguri

RBI Purchased Another 8 Tonnes Of Gold In Nov As Safe-Haven Asset

The Reserve Bank of India (RBI) bought another eight tonnes of gold in November 2024 as Central banks around the world continued their buying spree with a collective purchase of 53 tonnes of the precious metal during the month, according to the latest World Gold Council (WGC) report.

time-read
1 min  |
January 08, 2025