Lok Sabha Question No. 509 (UNSTARRED), answered on 2016-11-18
Subject: Embezzlement of Funds
Ministry: FINANCE
Asked by: KAMLA DEVI PATLE

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES

## LOK SABHA UNSTARRED QUESTION NO 509

TO BE ANSWERED ON THE 18 th  NOVEMBER / KARTIKA 27, 1938(SAKA)

## EMBEZZLEMENT OF FUNDS

## 509. SHRIMATI KAMLA DEVI PAATLE :

Will the Minister of FINANCE be pleased to state:

- (a) whether a large number of incidents of embezzlement in the accounts of account holders have taken place in the public sector/private sector banks in different parts of the country;
- (b) if so, the details thereof and the amounts involved in it during the last three years, State/UT and bank-wise;
- (c) whether the Government has conducted any inquiry and if so, the details thereof;
- (d) whether any official of the bank is involved therein and if so, the details thereof, bank-wise along with the action taken against the officers/staff involved in it;
- (e) whether banks have refunded the embezzled amount to its customers and if so, the details thereof bank-wise during the said period, if not, the reasons therefor; and
- (f) the remedial measures adopted/proposed to be adopted to check such incidents in future?

## ANSWER

## THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI SANTOSH KUMAR GANGWAR)

(a)  &  (b): Reserve  Bank  of  India  (RBI)  maintains  data  for  Public  Sector  Banks (PSBs)/Private Sector Banks(Pvt. SBs) under the category 'Frauds'  which, inter-alia, includes cases of embezzlement of funds.   Separate data for embezzlement is not maintained.  However,  details  of  fraud  cases  of  Rs.  1  lakh  and  above  reported  by banks  in  deposit  accounts  (i.e.  saving,  current  and  term)  are  given  State-wise  in Annexure-1 and Bank-wise in Annexure-2.

(c) & (d) Fraud cases of Rs. 1 lakh and above reported by PSBs & PvtSBs in deposit accounts (i.e. saving, current and term) where staff is involved at the time of initial reporting are given in Annexure-3.

In  all  such  cases  of  fraud,  the  bank  undertakes  an  investigation  and  takes  action including fixing of the staff accountability as per the applicable disciplinary rules.

(e) & (f) The Banks compensate customers in cases of embezzlement of funds as per RBI's Master Circular dated 01.07.2015 on 'Customer Service in Banks' and the Banks' Board approved policy.

RBI has issued Master Direction on 'Frauds - Classification and reporting' vide RBI. DBS.CFMC.BC.No.1/23.04.001/2016-17  dated  July  01,  2016 containing  all  the details/aspects relating to frauds. The same is also available on the website of RBI i.e. www.rbi.org.in. To compress the time taken in detection of fraud, a framework for handling loan frauds has been put in place. Objective of this framework is to direct the  focus  of  banks  on  the  aspects  relating  to  prevention,  early  detection,  prompt reporting to the RBI and the investigative agencies (for instituting criminal proceedings  against  the  fraudulent  borrowers)  and  timely  initiation  of  the  staff accountability proceedings. The framework also seeks to stipulate time lines with the action incumbent on a bank.

***

Annex-1

<!-- image -->

| Fraud cases of Rs1 lakh and above reported by PSBs & PvtSBs in deposit accounts (i.e. Saving, Current and Term)   | Fraud cases of Rs1 lakh and above reported by PSBs & PvtSBs in deposit accounts (i.e. Saving, Current and Term)   | Fraud cases of Rs1 lakh and above reported by PSBs & PvtSBs in deposit accounts (i.e. Saving, Current and Term)   | Fraud cases of Rs1 lakh and above reported by PSBs & PvtSBs in deposit accounts (i.e. Saving, Current and Term)   | Fraud cases of Rs1 lakh and above reported by PSBs & PvtSBs in deposit accounts (i.e. Saving, Current and Term)   | Fraud cases of Rs1 lakh and above reported by PSBs & PvtSBs in deposit accounts (i.e. Saving, Current and Term)   | Fraud cases of Rs1 lakh and above reported by PSBs & PvtSBs in deposit accounts (i.e. Saving, Current and Term)   | Fraud cases of Rs1 lakh and above reported by PSBs & PvtSBs in deposit accounts (i.e. Saving, Current and Term)   | Fraud cases of Rs1 lakh and above reported by PSBs & PvtSBs in deposit accounts (i.e. Saving, Current and Term)   |
|-------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------|
| State / UT wise                                                                                                   | 2013-14                                                                                                           | 2013-14                                                                                                           | 2014-15                                                                                                           | 2014-15                                                                                                           | 2015-16                                                                                                           | 2015-16                                                                                                           | Rs in crore April 2016 - Sep 2016                                                                                 | Rs in crore April 2016 - Sep 2016                                                                                 |
|                                                                                                                   | No of Cases                                                                                                       | Amount in crore                                                                                                   | No of Cases                                                                                                       | Amount in crore                                                                                                   | No of Cases                                                                                                       | Amount in crore                                                                                                   | No of Cases                                                                                                       | Amount in crore                                                                                                   |
| Andhra Pradesh                                                                                                    | 32                                                                                                                | 9.57                                                                                                              | 29                                                                                                                | 5.38                                                                                                              | 46                                                                                                                | 100.34                                                                                                            | 22                                                                                                                | 8.96                                                                                                              |
| Arunachal Pradesh                                                                                                 | 1                                                                                                                 | 0.05                                                                                                              | 2                                                                                                                 | 0.10                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              | 2                                                                                                                 | 2.19                                                                                                              |
| Assam                                                                                                             | 10                                                                                                                | 1.00                                                                                                              | 11                                                                                                                | 1.61                                                                                                              | 17                                                                                                                | 2.00                                                                                                              | 6                                                                                                                 | 1.39                                                                                                              |
| Bihar                                                                                                             | 29                                                                                                                | 2.46                                                                                                              | 37                                                                                                                | 4.99                                                                                                              | 24                                                                                                                | 1.85                                                                                                              | 25                                                                                                                | 4.69                                                                                                              |
| Chandigarh                                                                                                        | 1                                                                                                                 | 0.05                                                                                                              | 7                                                                                                                 | 0.47                                                                                                              | 8                                                                                                                 | 1.01                                                                                                              | 1                                                                                                                 | 0.29                                                                                                              |
| Chhattisgarh                                                                                                      | 9                                                                                                                 | 0.71                                                                                                              | 10                                                                                                                | 1.43                                                                                                              | 5                                                                                                                 | 0.18                                                                                                              | 6                                                                                                                 | 0.42                                                                                                              |
| Dadra&Nagar Haveli                                                                                                | 2                                                                                                                 | 0.08                                                                                                              | 1                                                                                                                 | 0.07                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              |
| Daman & Diu                                                                                                       | 1                                                                                                                 | 0.02                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              |
| Delhi                                                                                                             | 90                                                                                                                | 21.91                                                                                                             | 115                                                                                                               | 15.58                                                                                                             | 114                                                                                                               | 24.85                                                                                                             | 67                                                                                                                | 311.82                                                                                                            |
| Goa                                                                                                               | 3                                                                                                                 | 0.16                                                                                                              | 5                                                                                                                 | 1.20                                                                                                              | 5                                                                                                                 | 2.50                                                                                                              | 2                                                                                                                 | 0.26                                                                                                              |
| Gujarat                                                                                                           | 29                                                                                                                | 3.79                                                                                                              | 16                                                                                                                | 1.57                                                                                                              | 27                                                                                                                | 5.90                                                                                                              | 16                                                                                                                | 6.67                                                                                                              |
| Haryana                                                                                                           | 23                                                                                                                | 35.11                                                                                                             | 23                                                                                                                | 2.93                                                                                                              | 18                                                                                                                | 15.45                                                                                                             | 11                                                                                                                | 1.77                                                                                                              |
| Himachal Pradesh                                                                                                  | 3                                                                                                                 | 0.36                                                                                                              | 1                                                                                                                 | 0.21                                                                                                              | 2                                                                                                                 | 0.09                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              |
| Jammu & Kashmir                                                                                                   | 8                                                                                                                 | 1.16                                                                                                              | 3                                                                                                                 | 0.60                                                                                                              | 7                                                                                                                 | 1.07                                                                                                              | 2                                                                                                                 | 0.10                                                                                                              |
| Jharkhand                                                                                                         | 23                                                                                                                | 7.16                                                                                                              | 18                                                                                                                | 1.83                                                                                                              | 14                                                                                                                | 1.58                                                                                                              | 6                                                                                                                 | 0.26                                                                                                              |
| Karnataka                                                                                                         | 39                                                                                                                | 6.02                                                                                                              | 57                                                                                                                | 26.90                                                                                                             | 50                                                                                                                | 26.08                                                                                                             | 24                                                                                                                | 3.28                                                                                                              |
| Kerala                                                                                                            | 18                                                                                                                | 1.83                                                                                                              | 13                                                                                                                | 12.43                                                                                                             | 10                                                                                                                | 0.90                                                                                                              | 10                                                                                                                | 0.83                                                                                                              |
| Madhya Pradesh                                                                                                    | 19                                                                                                                | 2.35                                                                                                              | 25                                                                                                                | 1.90                                                                                                              | 27                                                                                                                | 4.48                                                                                                              | 16                                                                                                                | 1.38                                                                                                              |
| Maharashtra                                                                                                       | 127                                                                                                               | 48.44                                                                                                             | 129                                                                                                               | 295.59                                                                                                            | 87                                                                                                                | 556.40                                                                                                            | 64                                                                                                                | 21.52                                                                                                             |
| Manipur                                                                                                           | 0                                                                                                                 | 0.00                                                                                                              | 1                                                                                                                 | 0.44                                                                                                              | 1                                                                                                                 | 0.96                                                                                                              | 1                                                                                                                 | 0.31                                                                                                              |
| Meghalaya                                                                                                         | 2                                                                                                                 | 0.17                                                                                                              | 4                                                                                                                 | 0.08                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              |
| Mizoram                                                                                                           | 0                                                                                                                 | 0.00                                                                                                              | 1                                                                                                                 | 0.03                                                                                                              | 1                                                                                                                 | 0.04                                                                                                              | 1                                                                                                                 | 0.04                                                                                                              |
| Nagaland                                                                                                          | 0                                                                                                                 | 0.00                                                                                                              | 3                                                                                                                 | 1.11                                                                                                              | 3                                                                                                                 | 0.07                                                                                                              | 1                                                                                                                 | 0.18                                                                                                              |
| Orissa                                                                                                            | 26                                                                                                                | 3.65                                                                                                              | 12                                                                                                                | 2.64                                                                                                              | 26                                                                                                                | 2.34                                                                                                              | 6                                                                                                                 | 0.26                                                                                                              |
| Overseas Branch                                                                                                   | 3                                                                                                                 | 1.30                                                                                                              | 5                                                                                                                 | 2.50                                                                                                              | 3                                                                                                                 | 0.62                                                                                                              | 2                                                                                                                 | 1.32                                                                                                              |
| Pondicherry                                                                                                       | 2                                                                                                                 | 0.15                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              | 1                                                                                                                 | 0.07                                                                                                              |
| Punjab                                                                                                            | 27                                                                                                                | 3.90                                                                                                              | 34                                                                                                                | 6.59                                                                                                              | 38                                                                                                                | 3.59                                                                                                              | 6                                                                                                                 | 0.66                                                                                                              |
| Rajasthan                                                                                                         | 18                                                                                                                | 1.57                                                                                                              | 23                                                                                                                | 1.78                                                                                                              | 11                                                                                                                | 0.75                                                                                                              | 11                                                                                                                | 0.48                                                                                                              |
| Sikkim                                                                                                            | 1                                                                                                                 | 0.04                                                                                                              | 1                                                                                                                 | 0.18                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              | 1                                                                                                                 | 0.01                                                                                                              |
| Tamil Nadu                                                                                                        | 44                                                                                                                | 7.68                                                                                                              | 84                                                                                                                | 23.19                                                                                                             | 43                                                                                                                | 30.31                                                                                                             | 12                                                                                                                | 36.77                                                                                                             |
| Tripura                                                                                                           | 0                                                                                                                 | 0.00                                                                                                              | 1                                                                                                                 | 0.06                                                                                                              | 2                                                                                                                 | 0.47                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              |
| Uttar Pradesh                                                                                                     | 101                                                                                                               | 45.29                                                                                                             | 105                                                                                                               | 12.50                                                                                                             | 99                                                                                                                | 12.76                                                                                                             | 59                                                                                                                | 4.39                                                                                                              |
| Uttaranchal                                                                                                       | 14                                                                                                                | 15.05                                                                                                             | 17                                                                                                                | 0.82                                                                                                              | 8                                                                                                                 | 0.76                                                                                                              | 4                                                                                                                 | 0.12                                                                                                              |
| West Bengal                                                                                                       | 55                                                                                                                | 106.50                                                                                                            | 77                                                                                                                | 9.74                                                                                                              | 59                                                                                                                | 4.22                                                                                                              | 40                                                                                                                | 3.38                                                                                                              |
| Grand Total                                                                                                       | 760                                                                                                               | 327.52                                                                                                            | 870                                                                                                               | 436.41                                                                                                            | 755                                                                                                               | 801.53                                                                                                            | 425                                                                                                               | 413.85                                                                                                            |

| Fraud cases of Rs1 lakh and above reported by PSBs & PvtSBs in deposit accounts (i.e. Saving, Current and Term)   | Fraud cases of Rs1 lakh and above reported by PSBs & PvtSBs in deposit accounts (i.e. Saving, Current and Term)   | Fraud cases of Rs1 lakh and above reported by PSBs & PvtSBs in deposit accounts (i.e. Saving, Current and Term)   | Fraud cases of Rs1 lakh and above reported by PSBs & PvtSBs in deposit accounts (i.e. Saving, Current and Term)   | Fraud cases of Rs1 lakh and above reported by PSBs & PvtSBs in deposit accounts (i.e. Saving, Current and Term)   | Fraud cases of Rs1 lakh and above reported by PSBs & PvtSBs in deposit accounts (i.e. Saving, Current and Term)   | Fraud cases of Rs1 lakh and above reported by PSBs & PvtSBs in deposit accounts (i.e. Saving, Current and Term)   | Fraud cases of Rs1 lakh and above reported by PSBs & PvtSBs in deposit accounts (i.e. Saving, Current and Term)   | Fraud cases of Rs1 lakh and above reported by PSBs & PvtSBs in deposit accounts (i.e. Saving, Current and Term)   |
|-------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------|
| Bank wise                                                                                                         | 2013-14                                                                                                           | 2013-14                                                                                                           | 2014-15                                                                                                           | 2014-15                                                                                                           | 2015-16                                                                                                           | 2015-16                                                                                                           | Rs in crore April 2016 - Sep 2016                                                                                 | Rs in crore April 2016 - Sep 2016                                                                                 |
|                                                                                                                   | No of Cases                                                                                                       | Amount in crore                                                                                                   | No of Cases                                                                                                       | Amount in crore                                                                                                   | No of Cases                                                                                                       | Amount in crore                                                                                                   | No of Cases                                                                                                       | Amount in crore                                                                                                   |
| Allahabad Bank                                                                                                    | 11                                                                                                                | 0.82                                                                                                              | 5                                                                                                                 | 1.70                                                                                                              | 3                                                                                                                 | 0.40                                                                                                              | 7                                                                                                                 | 0.60                                                                                                              |
| Andhra Bank                                                                                                       | 7                                                                                                                 | 2.72                                                                                                              | 13                                                                                                                | 1.48                                                                                                              | 3                                                                                                                 | 0.45                                                                                                              | 17                                                                                                                | 4.43                                                                                                              |
| Axis Bank Ltd.                                                                                                    | 59                                                                                                                | 35.60                                                                                                             | 64                                                                                                                | 14.12                                                                                                             | 57                                                                                                                | 8.93                                                                                                              | 26                                                                                                                | 2.77                                                                                                              |
| Bandhan Bank Ltd.                                                                                                 | 0                                                                                                                 | 0.00                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              | 1                                                                                                                 | 0.02                                                                                                              |
| Bank of Baroda                                                                                                    | 14                                                                                                                | 3.72                                                                                                              | 13                                                                                                                | 2.39                                                                                                              | 14                                                                                                                | 2.55                                                                                                              | 6                                                                                                                 | 8.21                                                                                                              |
| Bank of India                                                                                                     | 29                                                                                                                | 2.44                                                                                                              | 64                                                                                                                | 41.88                                                                                                             | 66                                                                                                                | 547.58 @                                                                                                          | 36                                                                                                                | 2.67                                                                                                              |
| Bank of Maharashtra                                                                                               | 5                                                                                                                 | 0.36                                                                                                              | 11                                                                                                                | 1.55                                                                                                              | 11                                                                                                                | 3.69                                                                                                              | 7                                                                                                                 | 1.73                                                                                                              |
| Canara Bank                                                                                                       | 27                                                                                                                | 3.31                                                                                                              | 36                                                                                                                | 5.50                                                                                                              | 18                                                                                                                | 2.27                                                                                                              | 6                                                                                                                 | 302.40#                                                                                                           |
| Central Bank of India                                                                                             | 12                                                                                                                | 1.68                                                                                                              | 27                                                                                                                | 3.30                                                                                                              | 27                                                                                                                | 1.65                                                                                                              | 13                                                                                                                | 1.61                                                                                                              |
| City Union Bank Ltd.                                                                                              | 1                                                                                                                 | 0.07                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              | 1                                                                                                                 | 1.11                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              |
| Corporation Bank                                                                                                  | 19                                                                                                                | 5.16                                                                                                              | 19                                                                                                                | 3.73                                                                                                              | 25                                                                                                                | 3.67                                                                                                              | 7                                                                                                                 | 0.18                                                                                                              |
| DCB Bank Ltd                                                                                                      | 2                                                                                                                 | 0.02                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              |
| Dena Bank                                                                                                         | 10                                                                                                                | 1.89                                                                                                              | 11                                                                                                                | 11.29                                                                                                             | 3                                                                                                                 | 0.19                                                                                                              | 2                                                                                                                 | 4.23                                                                                                              |
| Dhanlaxmi Bank Limited                                                                                            | 7                                                                                                                 | 30.75                                                                                                             | 3                                                                                                                 | 1.25                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              |
| Federal Bank Ltd.                                                                                                 | 2                                                                                                                 | 0.06                                                                                                              | 10                                                                                                                | 2.58                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              | 1                                                                                                                 | 0.06                                                                                                              |
| HDFC Bank Ltd.                                                                                                    | 33                                                                                                                | 2.75                                                                                                              | 30                                                                                                                | 3.42                                                                                                              | 34                                                                                                                | 16.20                                                                                                             | 29                                                                                                                | 3.52                                                                                                              |
| ICICI Bank Ltd.                                                                                                   | 15                                                                                                                | 11.06                                                                                                             | 27                                                                                                                | 15.25                                                                                                             | 26                                                                                                                | 2.86                                                                                                              | 6                                                                                                                 | 0.21                                                                                                              |
| IDBI Bank Limited                                                                                                 | 7                                                                                                                 | 0.91                                                                                                              | 11                                                                                                                | 2.18                                                                                                              | 17                                                                                                                | 2.78                                                                                                              | 14                                                                                                                | 2.03                                                                                                              |
| Indian Bank                                                                                                       | 15                                                                                                                | 1.32                                                                                                              | 12                                                                                                                | 2.45                                                                                                              | 17                                                                                                                | 3.01                                                                                                              | 8                                                                                                                 | 0.67                                                                                                              |
| Indian Overseas Bank                                                                                              | 13                                                                                                                | 2.82                                                                                                              | 32                                                                                                                | 2.73                                                                                                              | 18                                                                                                                | 24.88                                                                                                             | 18                                                                                                                | 44.13                                                                                                             |
| IndusInd Bank Ltd.                                                                                                | 4                                                                                                                 | 0.66                                                                                                              | 1                                                                                                                 | 0.60                                                                                                              | 3                                                                                                                 | 0.28                                                                                                              | 4                                                                                                                 | 0.35                                                                                                              |
| ING Vysya Bank Ltd.                                                                                               | 11                                                                                                                | 39.36                                                                                                             | 26                                                                                                                | 2.49                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              |
| Jammu & Kashmir Bank Ltd.                                                                                         | 3                                                                                                                 | 0.92                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              | 7                                                                                                                 | 1.40                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              |
| Karnataka Bank Ltd.                                                                                               | 4                                                                                                                 | 0.13                                                                                                              | 1                                                                                                                 | 0.09                                                                                                              | 3                                                                                                                 | 0.15                                                                                                              | 2                                                                                                                 | 0.19                                                                                                              |
| Karur Vysya Bank Ltd.                                                                                             | 2                                                                                                                 | 0.07                                                                                                              | 3                                                                                                                 | 0.78                                                                                                              | 1                                                                                                                 | 0.03                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              |
| Kotak Mahindra Bank Ltd.                                                                                          | 1                                                                                                                 | 0.45                                                                                                              | 5                                                                                                                 | 0.15                                                                                                              | 14                                                                                                                | 1.08                                                                                                              | 5                                                                                                                 | 0.16                                                                                                              |
| Lakshmi Vilas Bank Ltd.                                                                                           | 2                                                                                                                 | 0.77                                                                                                              | 1                                                                                                                 | 0.44                                                                                                              | 2                                                                                                                 | 0.50                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              |
| Nainital Bank Ltd.                                                                                                | 0                                                                                                                 | 0.00                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              | 1                                                                                                                 | 0.02                                                                                                              | 0                                                                                                                 | 0.00                                                                                                              |

| Oriental Bank of Commerce      |   9 |   5.00 |   15 |   182.38 |   6 |   0.46 |   1 |   0.02 |
|--------------------------------|-----|--------|------|----------|-----|--------|-----|--------|
| Punjab & Sind Bank             |   1 |   0.02 |    4 |     1.57 |   3 |   0.54 |   0 |   0    |
| Punjab National Bank           |  84 |   9.4  |   37 |    60.68 |  30 |  16.18 |  30 |  10.37 |
| RBL Bank Ltd.                  |   0 |   0    |    0 |     0    |   1 |   0.01 |   0 |   0    |
| South Indian Bank Ltd.         |   5 |   0.21 |    5 |     0.69 |   1 |   0.06 |   2 |   0.26 |
| State Bank of Bikaner & Jaipur |   8 |   0.65 |    4 |     3.4  |   0 |   0    |   1 |   0.03 |
| State Bank of Hyderabad        |   5 |   0.34 |    5 |     0.57 |   7 |  69.35 |   4 |   3.8  |
| State Bank of India            | 250 |  45.41 |  307 |    32.71 | 252 |  28.31 | 139 |  13.6  |
| State Bank of Mysore           |   4 |   0.49 |    7 |     1.25 |   6 |  15.13 |   1 |   0.03 |
| State Bank of Patiala          |   8 |   0.91 |    6 |     0.43 |   4 |   0.21 |   1 |   0.12 |
| State Bank of Travancore       |   6 |   0.62 |    1 |     0.07 |   2 |   0.6  |   2 |   0.05 |
| Syndicate Bank                 |  23 |   2.26 |   25 |     3.08 |  22 |  30.63 |   9 |   2.11 |
| Tamilnad Mercantile Bank Ltd.  |   2 |   1.51 |    0 |     0    |   2 |   0.08 |   0 |   0    |
| UCO Bank                       |  14 | 103.5  |    4 |     0.31 |  17 |   1.81 |   6 |   1.11 |
| Union Bank of India            |  10 |   2.96 |    7 |     1.12 |   5 |   1.28 |   4 |   0.13 |
| United Bank of India           |   9 |   2.84 |   11 |     0.97 |  22 |   9.67 |   7 |   1.39 |
| Vijaya Bank                    |   7 |   1.6  |    7 |    25.83 |   1 |   0.13 |   3 |   0.66 |
| Yes Bank Ltd                   |   0 |   0    |    0 |     0    |   3 |   1.38 |   0 |   0    |
| Grand Total                    | 760 | 327.52 |  870 |   436.41 | 755 | 801.53 | 425 | 413.85 |

## Note:

@:  Bank  of  India  reported  a  fraud  of  Rs  537.96/-  crore  under  the  area  of operations 'Deposit - Term' and fraud is perpetrated by 'Irregularities in foreign  exchange  transactions' in  its  Prarthana  Samaj  branch,  Mumbai. The bank has reported, it was more of a case of money laundering from the current account of the parties and no loss was incurred by the bank.

#  :Canara  Bank  reported  a  fraud  of  Rs  301.72/-  crore  under  the  area  of operations 'Deposit  -  Term' and  fraud  is  perpetrated  by 'Irregularities  in foreign  exchange  transactions' in  its  Overseas  Delhi  branch,  New  Delhi.  In this case also foreign exchange was remitted as import advance and there was no loss to the bank.

## Annex-3

| Fraud cases of Rs1 lakh and above reported by PSBs & PvtSBs in deposit accounts (i.e. Saving, Current and Term deposits ) where staff involved at the time of initial reporting   | Fraud cases of Rs1 lakh and above reported by PSBs & PvtSBs in deposit accounts (i.e. Saving, Current and Term deposits ) where staff involved at the time of initial reporting   | Fraud cases of Rs1 lakh and above reported by PSBs & PvtSBs in deposit accounts (i.e. Saving, Current and Term deposits ) where staff involved at the time of initial reporting   | Fraud cases of Rs1 lakh and above reported by PSBs & PvtSBs in deposit accounts (i.e. Saving, Current and Term deposits ) where staff involved at the time of initial reporting   | Fraud cases of Rs1 lakh and above reported by PSBs & PvtSBs in deposit accounts (i.e. Saving, Current and Term deposits ) where staff involved at the time of initial reporting   | Fraud cases of Rs1 lakh and above reported by PSBs & PvtSBs in deposit accounts (i.e. Saving, Current and Term deposits ) where staff involved at the time of initial reporting   | Fraud cases of Rs1 lakh and above reported by PSBs & PvtSBs in deposit accounts (i.e. Saving, Current and Term deposits ) where staff involved at the time of initial reporting   | Fraud cases of Rs1 lakh and above reported by PSBs & PvtSBs in deposit accounts (i.e. Saving, Current and Term deposits ) where staff involved at the time of initial reporting   | Fraud cases of Rs1 lakh and above reported by PSBs & PvtSBs in deposit accounts (i.e. Saving, Current and Term deposits ) where staff involved at the time of initial reporting   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Bank wise                                                                                                                                                                         | 2013-14                                                                                                                                                                           | 2013-14                                                                                                                                                                           | 2014-15                                                                                                                                                                           | 2014-15                                                                                                                                                                           | 2015-16                                                                                                                                                                           | 2015-16                                                                                                                                                                           | Rs in crore April 2016 - Sep 2016                                                                                                                                                 | Rs in crore April 2016 - Sep 2016                                                                                                                                                 |
| Bank wise                                                                                                                                                                         | No of Cases                                                                                                                                                                       | Amount in crore                                                                                                                                                                   | No of Cases                                                                                                                                                                       | Amount in crore                                                                                                                                                                   | No of Cases                                                                                                                                                                       | Amount in crore                                                                                                                                                                   | No of Cases                                                                                                                                                                       | Amount in crore                                                                                                                                                                   |
| Allahabad Bank                                                                                                                                                                    | 2                                                                                                                                                                                 | 0.37                                                                                                                                                                              | 1                                                                                                                                                                                 | 1.50                                                                                                                                                                              | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              | 3                                                                                                                                                                                 | 0.45                                                                                                                                                                              |
| Andhra Bank                                                                                                                                                                       | 2                                                                                                                                                                                 | 0.44                                                                                                                                                                              | 4                                                                                                                                                                                 | 0.25                                                                                                                                                                              | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              | 1                                                                                                                                                                                 | 0.03                                                                                                                                                                              |
| Axis Bank Ltd.                                                                                                                                                                    | 13                                                                                                                                                                                | 2.81                                                                                                                                                                              | 26                                                                                                                                                                                | 7.96                                                                                                                                                                              | 18                                                                                                                                                                                | 4.40                                                                                                                                                                              | 5                                                                                                                                                                                 | 0.33                                                                                                                                                                              |
| Bandhan Bank Ltd.                                                                                                                                                                 | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              | 1                                                                                                                                                                                 | 0.02                                                                                                                                                                              |
| Bank of Baroda                                                                                                                                                                    | 6                                                                                                                                                                                 | 0.63                                                                                                                                                                              | 9                                                                                                                                                                                 | 2.16                                                                                                                                                                              | 9                                                                                                                                                                                 | 2.23                                                                                                                                                                              | 1                                                                                                                                                                                 | 0.03                                                                                                                                                                              |
| Bank of India                                                                                                                                                                     | 4                                                                                                                                                                                 | 0.89                                                                                                                                                                              | 8                                                                                                                                                                                 | 0.62                                                                                                                                                                              | 5                                                                                                                                                                                 | 2.16                                                                                                                                                                              | 4                                                                                                                                                                                 | 0.11                                                                                                                                                                              |
| Bank of Maharashtra                                                                                                                                                               | 1                                                                                                                                                                                 | 0.02                                                                                                                                                                              | 1                                                                                                                                                                                 | 0.04                                                                                                                                                                              | 6                                                                                                                                                                                 | 1.21                                                                                                                                                                              | 3                                                                                                                                                                                 | 1.48                                                                                                                                                                              |
| Canara Bank                                                                                                                                                                       | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              | 5                                                                                                                                                                                 | 0.35                                                                                                                                                                              | 2                                                                                                                                                                                 | 1.12                                                                                                                                                                              | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              |
| Central Bank of India                                                                                                                                                             | 8                                                                                                                                                                                 | 1.19                                                                                                                                                                              | 11                                                                                                                                                                                | 1.22                                                                                                                                                                              | 9                                                                                                                                                                                 | 0.58                                                                                                                                                                              | 4                                                                                                                                                                                 | 0.43                                                                                                                                                                              |
| City Union Bank Ltd.                                                                                                                                                              | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              | 1                                                                                                                                                                                 | 1.11                                                                                                                                                                              | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              |
| Corporation Bank                                                                                                                                                                  | 2                                                                                                                                                                                 | 2.90                                                                                                                                                                              | 3                                                                                                                                                                                 | 1.22                                                                                                                                                                              | 3                                                                                                                                                                                 | 0.15                                                                                                                                                                              | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              |
| Dena Bank                                                                                                                                                                         | 2                                                                                                                                                                                 | 0.30                                                                                                                                                                              | 2                                                                                                                                                                                 | 10.48                                                                                                                                                                             | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              | 2                                                                                                                                                                                 | 4.23                                                                                                                                                                              |
| Dhanlaxmi Bank Limited                                                                                                                                                            | 1                                                                                                                                                                                 | 0.14                                                                                                                                                                              | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              |
| Federal Bank Ltd.                                                                                                                                                                 | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              | 4                                                                                                                                                                                 | 2.20                                                                                                                                                                              | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              | 1                                                                                                                                                                                 | 0.06                                                                                                                                                                              |
| HDFC Bank Ltd.                                                                                                                                                                    | 7                                                                                                                                                                                 | 1.36                                                                                                                                                                              | 9                                                                                                                                                                                 | 0.97                                                                                                                                                                              | 9                                                                                                                                                                                 | 1.01                                                                                                                                                                              | 12                                                                                                                                                                                | 1.60                                                                                                                                                                              |
| ICICI Bank Ltd.                                                                                                                                                                   | 4                                                                                                                                                                                 | 4.38                                                                                                                                                                              | 20                                                                                                                                                                                | 4.05                                                                                                                                                                              | 11                                                                                                                                                                                | 0.93                                                                                                                                                                              | 3                                                                                                                                                                                 | 0.07                                                                                                                                                                              |
| IDBI Bank Limited                                                                                                                                                                 | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              | 3                                                                                                                                                                                 | 0.94                                                                                                                                                                              | 3                                                                                                                                                                                 | 0.85                                                                                                                                                                              | 1                                                                                                                                                                                 | 0.03                                                                                                                                                                              |
| Indian Bank                                                                                                                                                                       | 5                                                                                                                                                                                 | 0.21                                                                                                                                                                              | 2                                                                                                                                                                                 | 0.05                                                                                                                                                                              | 4                                                                                                                                                                                 | 2.04                                                                                                                                                                              | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              |
| Indian Overseas Bank                                                                                                                                                              | 6                                                                                                                                                                                 | 1.75                                                                                                                                                                              | 3                                                                                                                                                                                 | 0.22                                                                                                                                                                              | 3                                                                                                                                                                                 | 0.25                                                                                                                                                                              | 2                                                                                                                                                                                 | 0.52                                                                                                                                                                              |
| IndusInd Bank Ltd.                                                                                                                                                                | 1                                                                                                                                                                                 | 0.06                                                                                                                                                                              | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              | 2                                                                                                                                                                                 | 0.24                                                                                                                                                                              | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              |
| ING Vysya Bank Ltd.                                                                                                                                                               | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              | 4                                                                                                                                                                                 | 1.40                                                                                                                                                                              | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              |
| Jammu & Kashmir Bank Ltd.                                                                                                                                                         | 1                                                                                                                                                                                 | 0.26                                                                                                                                                                              | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              | 5                                                                                                                                                                                 | 1.25                                                                                                                                                                              | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              |
| Karur Vysya Bank Ltd.                                                                                                                                                             | 1                                                                                                                                                                                 | 0.04                                                                                                                                                                              | 1                                                                                                                                                                                 | 0.54                                                                                                                                                                              | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              |
| Kotak Mahindra Bank Ltd.                                                                                                                                                          | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              | 2                                                                                                                                                                                 | 0.08                                                                                                                                                                              | 1                                                                                                                                                                                 | 0.08                                                                                                                                                                              | 2                                                                                                                                                                                 | 0.10                                                                                                                                                                              |
| Lakshmi Vilas Bank Ltd.                                                                                                                                                           | 2                                                                                                                                                                                 | 0.77                                                                                                                                                                              | 1                                                                                                                                                                                 | 0.44                                                                                                                                                                              | 1                                                                                                                                                                                 | 0.14                                                                                                                                                                              | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              |
| Oriental Bank of Commerce                                                                                                                                                         | 1                                                                                                                                                                                 | 4.51                                                                                                                                                                              | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              | 3                                                                                                                                                                                 | 0.40                                                                                                                                                                              | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              |
| Punjab & Sind Bank                                                                                                                                                                | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              | 1                                                                                                                                                                                 | 0.33                                                                                                                                                                              | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              | 0                                                                                                                                                                                 | 0.00                                                                                                                                                                              |
| Punjab National Bank                                                                                                                                                              | 12                                                                                                                                                                                | 3.53                                                                                                                                                                              | 8                                                                                                                                                                                 | 0.76                                                                                                                                                                              | 5                                                                                                                                                                                 | 0.72                                                                                                                                                                              | 5                                                                                                                                                                                 | 0.98                                                                                                                                                                              |

| RBL Bank Ltd.                  |   0 |   0.00 |   0 |   0.00 |   1 |   0.01 |   0 |   0.00 |
|--------------------------------|-----|--------|-----|--------|-----|--------|-----|--------|
| South Indian Bank Ltd.         |   1 |   0.01 |   4 |   0.43 |   1 |   0.06 |   1 |   0.25 |
| State Bank of Bikaner & Jaipur |   3 |   0.52 |   1 |   3.32 |   0 |   0    |   0 |   0    |
| State Bank of Hyderabad        |   2 |   0.22 |   1 |   0.36 |   3 |   0.3  |   3 |   3.05 |
| State Bank of India            |  33 |   5.36 |  42 |   7.68 |  24 |  12.68 |  22 |   2.33 |
| State Bank of Mysore           |   2 |   0.16 |   3 |   1.09 |   2 |  15.01 |   0 |   0    |
| State Bank of Patiala          |   1 |   0.25 |   1 |   0.01 |   2 |   0.1  |   0 |   0    |
| State Bank of Travancore       |   2 |   0.04 |   0 |   0    |   1 |   0.58 |   0 |   0    |
| Syndicate Bank                 |   2 |   0.71 |   9 |   0.8  |   6 |  16.59 |   3 |   1.42 |
| Tamilnad Mercantile Bank Ltd.  |   0 |   0    |   0 |   0    |   1 |   0.07 |   0 |   0    |
| UCO Bank                       |   6 | 102.95 |   0 |   0    |   2 |   0.71 |   1 |   0.57 |
| Union Bank of India            |   3 |   0.7  |   6 |   1.05 |   0 |   0    |   0 |   0    |
| United Bank of India           |   1 |   0.03 |   6 |   0.32 |   2 |   0.12 |   2 |   0.85 |
| Vijaya Bank                    |   6 |   1.57 |   2 |   0.55 |   0 |   0    |   1 |   0.18 |
| Grand Total                    | 143 | 139.06 | 203 |  53.4  | 145 |  67.11 |  83 |  19.12 |