Indian banks reported a total of 12,069 card and internet-related digital frauds during H1FY24 (April-September) amounting to Rupees 630 crore, up seven-fold from Rupees 87 crore of frauds in the corresponding period previous fiscal, the Reserve Bank of India’s (RBI) trends and progress in banking 2023 report said. Overall, lenders reported a total of 14,483 […]
