Banking frauds of over ₹100 crore see significant decline in FY'22
Updated: 03 Jul 2022, 11:35 AM IST
TL;DR.According to official data, the number of fraud cases in private as well as public sector banks dropped to 118 in FY22 from 265 in 2020-21.
The cyber fraud gang members took One Time Password (OTP) and other details from the victims posing as bank employees. (Representative Image)