RBI's latest report suggests that if the Nirav Modi scam were left out, the quantum of frauds would have risen by just Rs 38 bn in 2017-18 YoY, even lower than the Rs 52 bn increase in 2016-17
from News http://bit.ly/2EVG6Dr
Monday, 31 December 2018
Nirav Modi effect? Bank frauds more than double to Rs 412 bn in 2017-18
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