Banking Frauds: Year-wise Number and Value of Banking Frauds by Banking Groups

The dataset contains year-wise compiled data on the total number and value of banking frauds committed in India, categorized by different banking groups such as financial institutions, foreign banks, payment banks, private sector banks, public sector banks, small finance banks, local area banks, etc. . Notes: 1. The frauds reported are of rupees 1 lakh and above. 2. The figures reported by banks and financial institutions are subject to change based on revisions filed by them. 3. Frauds reported in a year could have occurred several years prior to year of reporting. 4. Amounts involved are as reported and do not reflect the amount of loss incurred. Depending on recoveries, the loss incurred gets reduced. Further, the entire amount involved in loan accounts is not necessarily diverted 5. Data pertaining to 2025-26 includes fraud classification in 314 cases amounting to ₹30,199 crore, pertaining to previous financial years, reported afresh during the current financial year after re-examination and ensuring compliance with the judgement of the Hon’ble Supreme Court, dated March 27, 2023.