ROHTAK, Aug. 5 -- Haryana has emerged as one of the country's biggest hotspots for financial frauds, consistently ranking among the top three states and union territories in the number of financial fraud cases reported over the past three financial years.

According to Reserve Bank of India (RBI) data on frauds reported by scheduled commercial banks (excluding regional rural banks) and All India Financial Institutions, tabled in the Lok Sabha by the ministry of finance in response to a question, over the three financial years from FY 2023-24 to FY 2025-26, Haryana reported 84,378 financial fraud cases involving Rs.1,336.40 crore, placing it among the country's biggest financial fraud hotspots. FY 2023-24 alone accounted for 55,537 cases i...