Net banking & card frauds up 50%, Delhi is ATM con capital

The numbers of ATM frauds in public sector banks were, however, more revealing. While State Bank of India, with over 58,000 ATMs across India at the end of March 2019, accounted for over 25% of the over 2 lakh cash dispensers, one in five frauds were reported at its ATMs. The second-placed IDBI Bank saw close to 1,800 frauds being reported.

from Banking/Finance-Industry-Economic Times https://ift.tt/2t7AxNp