Banking frauds

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

In H1 2021-22, banks saw 1,802 reported cases of frauds amounting to Rs 35,060 crore which were related to advances. 

Dec 28, 2021, 19:48 PM IST

Online Banking Frauds: Here’s how to protect yourself from phishing attacks

Those who are unfamiliar with their operating procedures or who place their faith in strangers pay the repercussions.

Oct 24, 2021, 10:47 AM IST

Alert! THIS Android malware steals banking data; Here’s how to remain safe

The Drinik malware is currently imitating an Income Tax Department software, and after a user has been duped into downloading it, it captures all sensitive data.

Sep 25, 2021, 17:29 PM IST

Beware! Fraudsters using THESE toll-free lookalike numbers to dupe customers

Picture this, the toll-free numbers start with codes like 800, 888, 844, 855, etc., with a ‘1’ attached to it as a prefix. Generally, it looks something like 1800 223 464.

Aug 15, 2021, 14:06 PM IST

Beware of banking frauds this festive season, know how you can stay safe

Six types of banking frauds to beware off. 

Nov 06, 2020, 07:28 AM IST

To avoid future frauds, need to rethink PSB's ownership: Arvind Subramanian

He said that we need to have radical agenda for reform of the banking sector if we want these things not happen in future.

Mar 23, 2018, 00:02 AM IST

76 banks report 5,076 cases of active banking frauds

A combined 5,076 cases of active banking frauds involving Rs 1 lakh or more causing losses of Rs 16,78,853 lakh were reported by 76 banks during 2016-17, Parliament was informed on Tuesday.

Jul 25, 2017, 21:06 PM IST

'Need to make payments bank system fraud free'

Payments banks will help bring millions of people into the financial system but there is a need to make the system fraud free, a top official of Paytm Payments Bank said on Thursday.

Jul 07, 2016, 23:18 PM IST

RBI looks to check customer liability in banking frauds

The objective is to plan, evolve, prepare, develop, promote and publish comprehensive codes and standards for banks and providing fair treatment to customers.

May 23, 2016, 16:35 PM IST

India logs 40% annual increase in cyber crime cases

Hacking, publication of obscene contents, credit card and banking frauds among other cyber crimes have registered an annual increase of more than 40 percent in the country in the past two years.

Dec 28, 2014, 09:36 AM IST