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Banks take about Rs 70k cr hit due to frauds in last 3 fiscals

Business, TOI

Banks take about Rs 70k cr hit due to frauds in last 3 fiscals

 

Minister of state for finance Shiv Pratap Shukla said that data of frauds is as per the year of reporting and not the year of occurrence of fraud or sanction of loan, letter of undertaking, which may might be of an earlier period.

 

 

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