India follows an April-March financial year. And until March 2019, there were 6,799 cases of fraud, involving INR 71,543 crore ($9.7 billion). By March 2020, the number had increased to 8,707, according to the recently published annual reportof India's banking regulator and central bank, the Reserve Bank of India. Between 2015 and 2019, 38 people […]

The post 159 Percent Increase in Indian Bank Frauds Last Year appeared first on L.A. Focus Newspaper.