Question

Which of the following banks have reported a total of 10 banking frauds of over Rs 4820 crore?

A State Bank of India Correct Answer Incorrect Answer
B Bank of India Correct Answer Incorrect Answer
C HDFC Bank Correct Answer Incorrect Answer
D Punjab National Bank Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

According to Reserve Bank of India a total of 27 scheduled commercial banks and financial institutions have reported 96 cases of fraud, of a total amount of Rs 34,097 crore in the nine months ended December. In which Punjab National Bank had the highest value of frauds worth Rs 4,820 crore.

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