December 08, 2025 02:14 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Centre imposes temporary fare caps as ticket prices defy gravity amid IndiGo meltdown | 'Action is coming': Aviation Minister blames IndiGo for countrywide air travel chaos | In front of Putin, PM Modi makes bold statement on Russia-Ukraine war: ‘India is not neutral, we side with peace!’ | Rupee weakens following RBI repo rate cut | RBI slashes repo rate by 25 basis points — big relief coming for borrowers! | 'Mamata fooled Muslims': Humayun Kabir explodes after TMC suspends him over 'Babri Masjid-style mosque' demand; announces new party | Mosque in the middle of Kolkata airport? Centre confirms flight risks, BJP fires at Mamata | Sam Altman is betting big on India! OpenAI in advanced talks with Tata to build AI infrastructure | Government removes mandatory pre-installation of Sanchar Saathi App. Know all details | Calcutta HC overturns controversial Bengal job annulment — 32,000 teachers rejoice!

Priyanka Gandhi Vadra attacks Modi government over RBI report claiming increased bank frauds

| @indiablooms | Aug 30, 2019, at 01:17 pm

New Delhi, Aug 30 (IBNS): Congress leader Priyanka Gandhi Vadra slammed the Narendra Modi government over a recent Reserve Bank of India (RBI) report which claimed there has been an increase in bank frauds in the last fiscal year.

Priyanka on Friday tweeted, "RBI, which is the country's biggest banking system, has admitted that bank frauds are increasing under the government's nose. The corruption has increased in 2018-2019. The bank has lost Rs. 72,000 crore. But who is the guarantor to allow this to happen?"

In a recent report, the RBI said the bank frauds have increased by 15 per cent year-on-year basis in 2018-2019.

In the FY19, 6,801 bank frauds have taken place with an amount worth Rs. 71,542.93 crore.

In 2017-2018, 5,916 cases of bank frauds were reported amounting to Rs. 41,167.04 crore.

Days ago, the RBI announced it has accepted the recommendations of Bimal Jalan Committee following which it approved surplus transfer to the Centre.

The sum amounts to Rs. 1,76,051 crore.

After the announcement, Congress leader and Priyanka's brother, Rahul Gandhi, attacked the Centre saying Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman are clueless to tackle the "economic disaster".

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.