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RBI Reports 30% Jump in Fraud Value as Case Counts Drop in H1 FY26

The central bank attributes the surge to 122 large cases refiled after a Supreme Court judgment.

Overview

  • Banks reported ₹21,515 crore involved in fraud across 5,092 cases in April–September 2025, versus ₹16,569 crore across 18,386 cases a year earlier.
  • RBI says ₹18,336 crore of the H1 total reflects re-examination and fresh reporting of 122 cases to comply with the March 27, 2023 ruling.
  • For FY25 on a reporting-date basis, fraud value rose to ₹34,771 crore from ₹11,261 crore as total cases fell to 23,879 from 36,052.
  • On an occurrence basis in 2024–25, card and internet frauds made up 66.8% of cases as advances-related frauds led by value at 33.1%, with card/internet losses dropping to ₹252 crore from ₹1,192 crore.
  • Private banks accounted for 59.3% of FY25 fraud incidents, while public sector banks accounted for 70.7% of the value; as of September 30, 2025, 942 cases totaling ₹1.28 trillion had been withdrawn for non-compliance under the court ruling.