ShortPedia
Shortpedia Mobile App Download Shortpedia News App

Image Credit: shortpedia

RTI reveals total of 2,480 cases of fraud have rattled 18 public sector banks

The State Bank of India (SBI), country's largest lender, remained the biggest prey to frauds with 38% share as a total of 2,480 cases of fraud involving a huge sum of Rs 31,898.63 crore rattled 18 public sector banks in between April and June this year. After SBI, Allahabad Bank faced the heat with 381 cheating cases involving Rs 2,855.46 crore. PNB stood third in the list with 99 sham cases worth Rs 2,526.55 crore.