Another Rs 20,000 crore fraud in the bank

 Another Rs 20,000 crore fraud in the bank

New Delhi: The country's state-owned banks are currently facing various problems due to corona.  In such a scenario, the banks have again been accused of defrauding the state of Rs 19.964 crore.  A total of 2,867 cases have been reported in the last three months.  Such information comes from the RTI information requested by Information Officer Chandrashekhar Gaur Reserve Bank.

 According to reports, the country's largest state-owned bank, State Bank of India (SBI), has the highest number of scams.  Out of a total of 12 state-owned banks, only 2,050 fraud cases were reported in SBI between April and June of the current financial year.  Rs 2,325.88 crore is involved in these cases.  The Bank of India (BOI) has been hit hardest by the scam.  The bank has 47 fraud cases involving Rs 5,124.87 crore.  Similarly, 3,885.26 crore in 33 fraud cases in Bank of Canada, 292.6 crore in 60 cases of Bank of Baroda, 2842.94 crore in 45 cases of Indian Bank 1469.79 crore, 37 cases of Indian Overseas Bank in  1207.65 crore ,9 cases in 1140.37crore  of Bank of Maharashtra.  Billions of dollars have been swindled.  Punjab National Bank has witnessed 230 scams during the period, including Rs 270.35 crore.  Of this, Rs 831.35 crore was found in 130 cases of UCO Bank, 149 cases in Central Bank, Rs 655.84 crore, Punjab and Sindh Bank Rs 163.3 crore and Union Bank Rs 46.52 crore, respectively.  This is the preliminary data provided by the banks, the Reserve Bank said.