A total of 1.17 lakh crore fraud in 18 government banks from April to December, 2019.

(PTI) Indore, Ta. February 13, 2020, Thursday

In the first three quarters (April to December) of the current fiscal year, there were 8926 cases of fraud in 18 government banks. The information was given in response to a question asked under RTI as a total of Rs 1.17 lakh crore was cheated.

According to the information obtained under RTI, the largest bank in the country has the highest number of fraud cases in State Bank of India (SBI). During the nine months ended December 31, 2019, 4769 cases of fraud were registered with the SBI. In all, there was a total fraud of Rs 30,300 crore. This is 26 per cent of the total fraud of Rs 1.17 lakh crore in 18 government banks.

In the first 9 months of the current financial year, Punjab National Bank reported 294 fraud cases. A total of Rs 14,928.62 crore was cheated. During the same period, 250 cases of fraud were registered in the Bank of Baroda. A total of Rs 11,166 crore was cheated.

In Allahabad Bank Rs 8,681 crore, Oriental Bank of Commerce was Rs 4899 crore, Oriental Bank of India Rs.

Besides, a total of Rs 31,600 crore was fraudulent in 1867 cases in Canara Bank, UCO Bank, Syndicate Bank, Corporation Bank, Bank of Maharashtra, Central Bank of India, Andhra Bank, United Bank of India, Indian Bank and Punjab and Sindh Bank.