Frauds cost Rs 18,170 cr in 12,553 cases to banking sector in FY17: Advisory firm report

In terms of the quantum, Punjab National Bank (PNB) had reported the highest amount of frauds at Rs 2,810 crore in the last financial year, followed by Bank of India at Rs 2,770 crore, State Bank of India at Rs 2,420 crore and Bank of Maharashtra at Rs 2,041 crore

The post Frauds cost Rs 18,170 cr in 12,553 cases to banking sector in FY17: Advisory firm report appeared first on Firstpost.

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