Current Affairs medium MCQ

According to RBI data, how many fraud cases were reported by financial institutions in FY26?

  1. Over 8,000 cases
  2. Over 10,000 cases
  3. Over 12,000 cases
  4. Over 15,000 cases

Answer: Over 10,000 cases

RBI data for FY26 reveals that financial institutions reported over 10,000 cases of fraud. This figure is significant for banking sector supervision and reflects the scale of fraudulent activities affecting India's financial system.

Topic Bank Fraud Cases in India FY26
Exam Relevance UPSC, SSC, Banking, RRB