gems and jewellery sector
RBI warns of the increasing rise in bank frauds
September 7, 2018
The number of fraud cases which averaged 4,500 a year in the past 10 years, increased to 5,835 in 2017-18, according to RBI reports. Public sector banks (PSBs) accounted for 92.9 pc of the amount involved in frauds of more than INR 0.1 million in 2017-18, while private sector ban...
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