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Why are banking frauds shooting up  in  the country?

India saw more banking frauds in the first half of 2021-22 than in the same year-ago period. However, the amount involved in the frauds declined from ₹64,621 crore to ₹36,342 crore, according to the RBI’s Trend and Progress of Banking in India report. Mint takes a look:
Banking Frauds Rbi Report Trend And Progress Of Banking In India Card Transactions Misappropriation Of Funds Rbi Data

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