alexa

Search in Indianmoney's WealthPedia

 
Home News UCBs report nearly 1,000 frauds in past 5 fiscals: RBI

Read more interesting news from around the globe with Indianmoney App

Google Play
 
Get the Best Financial Advice on Business LoanClick Here
 
 
UCBs report nearly 1,000 frauds in past 5 fiscals: RBI

UCBs report nearly 1,000 frauds in past 5 fiscals: RBI

Monday, January 27, 2020, 2:31 PM

Urban cooperative banks(UCBs) have reported nearly 1,000-cases of fraud worth more than Rs.220-crore in the last five fiscals, according to the RBI. Responding to an RTI query, the central bank said a total of 181 fraud cases involving Rs.127.7-crore were noticed during 2018-19. A total of 99 and 27 such cases involving Rs.46.9-crore and Rs.9.3-crore were reported during 2017-18 and 2016-16 respectively, it said.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
CIBIL Meter
Get It now!
Attention!

This is to inform that Suvision Holdings Pvt Ltd ("IndianMoney.com") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.