Please enable JavaScript.
Coggle requires JavaScript to display documents.
Bank Frauds in India - Coggle Diagram
Bank Frauds in India
What is it?
Data theft, cybercrime, and simple manipulation of books of accounts
-
Various categories
-
-
-
Unauthorized credit facilities extended for illegal gratification, cheating and forgery
-
Scale of the frauds
Amount involved in the frauds declined from ₹64,621 crore to ₹36,342 crore
Banking fraud cases rose to 4,071 in April–September FY22 from 3,499 in the year-ago period
Reasons for such fraud
-
-
-
-
Remote working models, customers increasingly using non-branch banking channels
-
-
-
-
-