Nirav Modi effect? Bank frauds more than double to Rs 412 bn in 2017-18

RBI's latest report suggests that if the Nirav Modi scam were left out, the quantum of frauds would have risen by just Rs 38 bn in 2017-18 YoY, even lower than the Rs 52 bn increase in 2016-17

RBI's latest report suggests that if the Nirav Modi scam were left out, the quantum of frauds would have risen by just Rs 38 bn in 2017-18 YoY, even lower than the Rs 52 bn increase in 2016-17 http://bit.ly/2EVG6Dr December 31, 2018 at 01:04AM