MUMBAI, May 29 -- Banks and financial institutions, taken together, reported 10,114 fraud cases involving Rs 48,021 crore in 2025-26, against 23,722 cases involving Rs 32,803 crore in 2024-25, according to the annual report for the Reserve Bank released on Friday.
An assessment of bank group-wise fraud cases over the last three years indicates that although the number of frauds for public and private sectors banks has reduced, the amount involved has increased over the years, said the RBI Annual Report for 2025-26.
While the number of frauds was the highest under card/internet/digital payments category during 2023-24 and 2024-25, advances category accounted for the largest share in 2025-26.
In value terms, frauds were concentrated in the...