Published: Aug 02, 2024, 06:35 IST | Updated: Aug 02, 2024, 06:35 IST
India News Aug 02, 2024, 06:35 IST
RBI: Fraud incidents soar by 986% over five years
Indian Minister of State for Finance Pankaj Chaudhary told the country's parliament that there has been a significant increase in financial fraud cases during the last five years. According to data from the Reserve Bank of India (RBI), there has been a marked rise in fraud incidents involving credit cards, ATM or debit cards, and internet banking.