| TITLE |
Analyzing Fraud Tendencies in the Indian Banking Sector |
| ABSTRACT |
In recent years, the Indian banking sector has gained global recognition due to its strong regulatory framework and relatively low incidence of bank failures during periods of economic recession and financial stress. Banks play a vital role in mobilizing and allocating financial resources across various sectors of the economy to support growth and development. However, alongside this progress, the sector has been confronting serious challenges arising from a steady rise in banking frauds. Over the past twelve years, Indian banks have reportedly incurred losses amounting to ?5.22 lakh crore due to fraudulent activities, resulting in a significant adverse impact on the national economy. The present study examines the trends and nature-wise classification of frauds in Indian public and private sector banks during the period 2012–2023. It further seeks to analyse the regulatory and preventive measures implemented by the Reserve Bank of India (RBI) and individual banks to mitigate fraudulent practices during the specified period. The research is based on both primary and secondary data, with primary information collected from bank employees and secondary data sourced from reliable and authenticated publications. The findings indicate that there is no statistically significant difference between public and private sector banks with respect to fraud amounts related to cheating, forgery, and fraudulent encashment. Additionally, the study observes a declining trend in the reporting of fraud amounts by both public and private sector banks since 2020. This reduction can be attributed to strengthened regulatory oversight and the adoption of enhanced preventive mechanisms by the RBI and banking institutions. |
| AUTHOR |
CH. Deepthi, Dr.B.Vasantha Lakshmi
Assistant Professor, Department of MBA, CMRTC, Hyderabad, India
|
| PUBLICATION DATE |
2026-03-29 23:30:09 |
| VOLUME |
13 |
| ISSUE |
1 |
| DOI |
DOI: 10.15662/IJMSERH.2025.1301051 |
| PDF |
pdf/2025/1/51_Analyzing Fraud Tendencies in the Indian Banking Sector.pdf |
| KEYWORDS |
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