Frauds Reported in Banks, Check Last 3 Years Data

The issue of banking frauds has been a major concern for India’s financial system, especially in Public Sector Banks (PSBs). Let’s have a look at the frauds reported in PSU Banks.

Frauds in Public Sector Banks based on the date of reporting, in respect of amount involved of Rs. 1 lakh and above in each case. (Amounts in crore Rs.)

ank	FY 2022-23		FY 2023-24		FY 2024-25
	Number	Amount Involved	Number	Amount Involved	Number	Amount Involved
Bank of Baroda	203	491.42	1,354	345.08	665	574.95
Bank of India Loan options	188	570.32	181	953.65	131	1,449.24
Bank of Maharashtra	66	878.11	99	26.04	192	942.10
Canara Bank	140	1,038.86	138	1,085.50	439	4,951.14
Central Bank of India	161	371.48	366	167.24	340	115.05
Indian Bank	105	461.63	563	194.26	357	2,110.58
Indian Overseas Bank	96	1,150.06	455	25.78	177	38.25
Punjab And Sind Bank	103	128.14	38	19.77	86	388.46
Punjab National Bank	215	918.15	423	1,624.17	228	3,177.55
State Bank of India	1,648	4,359.17	3,355	2,803.69	4,012	7,663.92
UCO Bank	207	1,043.66	100	174.34	108	338.45
Union Bank of India	199	1,146.24	388	1,834.77	200	3,917.37

Frauds in Private Sector Banks based on the date of reporting, in respect of amount involved of Rs. 1 lakh and above in each case (Amounts in crore Rs.)