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flag Indian bank frauds dropped to 5,092 by Sept 2025, but losses hit ₹21,515 crore due to reclassified cases, with public banks bearing 70.7% of losses.

flag Indian banks saw fewer fraud cases—5,092 by September 2025—but losses rose to ₹21,515 crore, driven by reclassified cases following a 2023 Supreme Court ruling. flag Card and internet frauds made up 66.8% of incidents, while advances-related frauds accounted for most of the value. flag Public sector banks led in losses, responsible for 70.7% of the total, despite private banks reporting more cases. flag The RBI is deploying AI tools like MuleHunter.ai and strengthening cybersecurity and digital literacy to combat fraud.

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