Rising bank frauds: Modi govt working with RBI to check fraud cases below Rs 1 lakh transactions

According to the recent data by the Reserve Bank of India, financial frauds rose as much as 72% in the financial year 2017-18 as the fraudsters looted a whopping Rs 41,167.7 crore

from The Financial ExpressBanking & Finance – The Financial Express http://bit.ly/2s83YuZ