RTI reveals Rs 20,000 crore fraud in 12 banks in 3 months, highest fraud case with SBI


New delhi date. Monday 21 September 2020

RTI has a big revelation on the issue of bank fraud. According to information received, Rs 20,000 crore has been laundered from 12 Indian banks. Of all these banks, the highest number of frauds have been reported with SBI.

According to the information received, from April 2020 to June 2020, that is, in just 3 months, fraud of Rs 20,000 crore has been committed. In the financial year 2019-20, there was a fraud of Rs 1.85 lakh crore. Cases of bank fraud are on the rise. SBI has committed fraud of Rs 2,325.88 crore with 2050 cases.

How much fraud in which bank?

Bank case embezzlement (crore)

Canara Bank 33 3,885.26

State Bank of India 2050 2,325.88

Bank of Baroda 60 2,842.94

Indian Bank 45 1,469.79

Indian Overseas Bank 37 1,207.65

Bank of Maharashtra 9 1,140.37

Punjab National Bank 240 270.65

UCO Bank 130 831.35

Central Bank of India 149 655.84

Punjab and Sind Bank 18 163.3

Union Bank 49 46.52

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