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Indian Banks Log Threefold Uptick in Fraud
pymnts.com/fraud-attack/2025/indian-banks-log-threefold-uptick-in-fraud
Bank fraud in India nearly tripled during 2024, according to the country’s central bank.
In its annual report Thursday (May 29), the Reserve Bank of India (RBI) recorded 360 billion rupees ($4.2 billion) in fraud for the year that ended on March 31, up from 122.3 billion for the same…
This story appeared on pymnts.com, 2025-05-29 13:37:53.