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Rs 3,708cr bank frauds in 3 years; Gujarat ranks 6th in India

Published 3 Aug 2026

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Gujarat logged ₹3,707.67 crore in bank frauds over FY24–26, sixth highest in India, RBI data shows; recoveries were ₹96.58 crore (2.6%) amid rising cases.

Ahmedabad: Gujarat reported bank frauds involving Rs 3,707.7 crore over the last three financial years. This is the sixth-highest among all other Indian states and Union Territories, according to Reserve Bank of India data. The value of reported frau... [2741 chars]

Source: Times of India

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