Banking-related scams surged over 2X in H1FY23 from last year: RBI Report : vimarsana.com

Banking-related scams surged over 2X in H1FY23 from last year: RBI Report

The RBI report highlighted the risks of fraud within the banking sector, including reputation and operational risks. Despite the surge in cases, the total number of reported frauds by banks declined to a six-year low.

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