Mumbai, May 29 -- While the number of bank fraud cases in India declined for the third consecutive year in FY26, the amount involved surged sharply during the year, according to the Reserve Bank of India's (RBI) annual report released on Friday.

The report showed total fraud cases at banks fell to 10,114 in FY26 from 23,722 in FY25 and 35,800 in FY24. However, the amount involved rose to Rs.48,021 crore in FY26, compared with Rs.32,803 crore in FY25 and Rs.11,013 crore in FY24.

Public sector banks accounted for the bulk of the amount involved at Rs.35,709 crore, while private sector banks reported frauds worth Rs.11,399 crore.

Fraud related to advances emerged as the biggest area of concern, accounting for 8,640 cases involving Rs.40,7...