THE GREAT BANK ROBBERY

Indian banks have been grappling with frauds since long. Here is what the numbers tell us

19.6%

Increase in volume of frauds in commercial banks and financial institutions over the last five financial years

86%

The proportion of frauds accounted for by loans in 2016/17 in terms of the amount involved

16,770 CRORE

Losses from fraud in 2016/17, from ` 9,750 crore in 2011/12

2-3 YEARS

The period for which almost all corporate loan-related frauds are seasoned as NPAs before being reported as fraud

3,433

Total credit card, ATM, debit card & internet banking fraud cases (`1 lakh & above) reported during the last three years

21

Number of people chargesheeted for credit/debit card fraud between 2014 and 2016

3.2 TIMES

Increase in number of frauds related to ATM, credit/debit card & net banking post demonetisation (Sep 2016 quarter to December 2017 quarter)