RBI reports 10,114 bank frauds causing ₹48,021cr losses in 2025-26 (FY2025-26)
Business
Fraud cases in Indian banks and financial institutions stood at 10,114 in 2025-26 (FY2025-26), with losses totaling a massive ₹48,021 crore.
That's a big leap from ₹32,803 crore in 2024-25 (the previous fiscal year).
The Reserve Bank of India shared these numbers in its latest annual report.
Advances drove over ₹40,000cr losses
Most of the fraud came from loans (the "advances" category), which alone made up over ₹40,000 crore.
Public sector banks saw fewer cases than in 2024-25 but lost more money: ₹35,709 crore.
Private banks also had fewer incidents but higher losses at ₹11,399 crore.
On a positive note for digital natives: card and digital payment frauds dropped sharply to just 293 cases worth ₹29 crore in 2025-26 (FY2025-26).