Comprehensive steps have been taken to tackle banking frauds, including an online searchable database of frauds reported by banks in the form of Central Fraud Registry to enable timely identification, control and mitigation of fraud risk and also to carry out due diligence during the credit sanction process, Minister of State for Finance Bhagwat Karad said in a written reply.source https://economictimes.indiatimes.com/industry/banking/finance/banking/bank-fraud-cases-decline-by-about-50-in-fy22-says-mos-finance-bhagwat-karad/articleshow/92987701.cms
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