4,071 banking fraud cases involving Rs 36,342 cr reported during H1 FY2022: RBI report

4,071 banking fraud cases involving Rs 36,342 cr reported during H1 FY2022: RBI report

4,071 banking fraud cases involving Rs 36,342 cr reported during H1 FY2022: RBI reportDec 28, 2021, 07:54 PM IST

In H1 2021-22, banks saw 1,802 reported cases of frauds amounting to Rs 35,060 crore which were related to advances. There were 1,532 reported cases of frauds linked to card/internet, involving Rs 60 crore, the report showed.

Cooperative banks to build on resilience, leverage financial position to expand footprint: RBIDec 28, 2021, 07:04 PM IST

Although the balance sheet growth of urban co-operatives banks (UCBs) in 2020-21 was driven by deposits on the liabilities side, subdued credit growth prompted acceleration in investments on the assets side, the report said.

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