32,000 crore fraud with public sector banks in the first quarter

New delhi date. September 8, 2019, Sunday

Cases of fraud with public sector banks (PSBs) are on the rise, this information was revealed in an RTI. According to information available in the RTI, in the first quarter of the country, there have been about 8 cases against banks including fraud.

In these cases, only 5% is associated with SBI bank. In the first quarter, there were 5 cases against cheating with SBI, which amounted to Rs. 5 crore.

The RTI was done by Chandrasekhar Gaur, a Madhya Pradesh subversive activist, in which the RBI states that the total amount of 4 cheating cases that came up in the first quarter was Rs. That is, people have cheated Rs. 3,000 crores with banks.

Allahabad Bank is the other bank that has been most fraudulent after SBI. Allahabad Bank has registered two cases of fraud, which amounted to Rs 5.5 crore. However, details of what kind of fraud was done with the banks have not been given.

Looking at the other banks, there have been two cases of fraud with the Bank of Baroda, amounting to Rs. There are 3 cases of fraud with Oriental Bank of Commerce, amounting to Rs.

Two cases have been filed against Canada Bank with 8 crore, Central Bank of India with 5 crore fraud. Similarly, there have been two cases of cheating with the United Bank of India, amounting to Rs 1 crore. The corporation has come up against two bank fraud cases with a sum of Rs. 1 crore.

1 crore fraud cases with Indian Overseas Bank, 2 cases of Rs 5 crore with Syndicate Bank and 3 with Union Bank of India , Andhra Bank, Indian Bank, Punjab Bank, etc.