Banks lose Rs 6.6 cr to internet frauds

Banks across the country have lost Rs 6.57 crore to internet frauds in 233 incidents of cyber crime with Tamil Nadu topping the list last fiscal. Banks in that state have lost Rs 2.09 crore in seven cases reported between April and December 2008.Lending institutions in Maharashtra, which reported the highest number of 23 incidents, have lost Rs 55.54 lakh to online fraudulent practices, Minister of State for Home Shakeel Ahmad told the Lok Sabha today.Banks in Rajasthan, Andhra Pradesh and West Bengal have lost Rs 89.93 lakh, Rs 64.29 lakh and Rs 35.72 lakh respectively while Kerala and Delhi lost Rs 17.60 and Rs 10.90 lakh owing to cyber frauds.Eleven cases of internet frauds were reported from Andhra Pradesh, eight from Delhi, seven from Tamil Nadu, six from Karnataka and five from West Bengal during the said period, the Minister said in a written reply.However, banks in Bihar, Goa and Jharkhand did not lose a single penny to such activities and no case was reported in any of these states.

Replies (1)

Looking into the quantum of losses faced by the banks due to unethical practices of the culprits, what precautionary measures have been taken by such banks to prevent future losses and what action has been taken against the defaulters

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details