As per Reserve Bank of India (RBI) data, commercial banks and financial institutions reported about 3.22 lakh fraud cases in FY 2023-24. This fell to around 1.25 lakh cases in FY 2024-25 — a drop of over 61% year-on-year.
As per Reserve Bank of India (RBI) data, commercial banks and financial institutions reported about 3.22 lakh fraud cases in FY 2023-24. This fell to around 1.25 lakh cases in FY 2024-25 — a drop of over 61% year-on-year.