Home Business 86% of bank frauds tied to loans, 99% in case of PNB

86% of bank frauds tied to loans, 99% in case of PNB

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(G.N.S) Dt. 22 New Delhi/Bengaluru Data for three years ending March 31, 2016 show that 67% of total frauds were linked to advances The figures point to collusion with insiders, experts say According to experts and bankers, advances-related frauds are due to breach of trust and contract. While 86% of

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