Business News/Topic/ Banking Frauds

BANKING FRAUDS

Get the latest Banking frauds news, videos and headlines. Explore more for Banking frauds breaking news, opinions, special reports and more on mint.

Private banks reported the most fraud cases in 2024–25, mainly in digital payments, where amounts involved were smaller and total losses lower. (Image: Pixabay)

Premium

Banking on trust, losing billions: India’s fraud epidemic needs urgent answers

3 min read . 03 Jun 2025

The total number of ‘digital payment frauds’ reported in India in the last ten years stands at 63,315 cases. (iStockphoto)

Premium

‘Digital payment frauds not alarming’

2 min read . 02 Jun 2025

Traditional security measures are proving inadequate against evolving fraud techniques. (Image: Pixabay)

Premium

Can banks outsmart AI-driven fraud before it’s too late?

3 min read . 05 Mar 2025

Bank officials were creating overdrafts against FDs and using the money from the overdraft to open new current accounts, savings accounts and FD accounts, said the report.

Premium

ICICI Bank branch manager withdrew money from deposits for years to meet business targets: Report

1 min read . 14 Feb 2024

These fraud cases are ten times of 2011-12 data when the total value of frauds amounted to ₹4,497 crore arising out of 4,091 cases

Premium

Value of bank frauds spiked 10 times in 10 years, shows RBI data

2 min read . 28 Dec 2023

As many as 14,483 frauds involving an amount of ₹2,642 crore were reported in the first half of the current financial year, as compared to 5,396 cases ( ₹17,685 crore) in the same period a year ago. (Image: Jon Krause for WSJ)

Premium

Banking-related scams surged over 2X in H1FY23 from last year: RBI Report

1 min read . 28 Dec 2023

The Odisha Police Special Task Force (STF) has arrested a Kashmiri man on the charge of cheating people by impersonating a PMO official and an Army doctor (HT_PRINT)

Premium

Kashmiri man held for impersonating PMO official, army doctor

1 min read . 17 Dec 2023

How to secure yourself from cyber fraud threats?

Premium

6 ways to protect yourself from cyber fraud threats

2 min read . 24 Oct 2023

The RBI advisory says that the customers must not share OTPs with anyone, not even with bank employees (Mint)

Premium

Mobile banking fraud: 4 things to do to keep your account secure

2 min read . 13 Oct 2023

Premium

Your Bank Doesn't Want You To Know This UGLY TRUTH! | Mint Explains | Mint

04 Sep 2023

The Enforcement Directorate announced on Wednesday that it has detained the former chairman of a cooperative bank with headquarters in Pune. (HT_PRINT)

Premium

Pune based cooperative bank ex-chairman arrested in money laundering case

2 min read . 05 Jul 2023

Online fraud in India: Zerodha CEO Nithin Kamath said that fraudsters pose as courier company employees and claim that the parcel has been confiscated by police due to drugs.

Premium

Zerodha CEO Nithin Kamath warns against these new online frauds in India

2 min read . 24 Jun 2023

FILE PHOTO: U.S. Treasury Secretary Janet Yellen testifies before a Senate Appropriations Financial Services and General Government Subcommittee hearing on President Biden's proposed budget request for the Department of the Treasury for fiscal year 2024, on Capitol Hill in Washington, U.S., March 22, 2023. REUTERS/Evelyn Hockstein/File Photo (REUTERS)

Premium

Janet Yellen Says Bank Rules Might Have Become Too Loose

2 min read . 31 Mar 2023

Cyber criminals use PAN details of M S Dhoni, Abhishek Bachchan, Shilpa Shetty for credit card fraud.

Premium

How to avoid PAN card misuse? Cybercriminals used celebrities' details for fraud

2 min read . 03 Mar 2023

BANKING FRAUDS

Wait for it…

Wait for it…

Congratulations!

Subscribe to continue