ED declares 9 defaulters as fugitive economic offenders: MoS Finance

The number of frauds (Rs 1 lakh and above), amount involved, and amount recovered, as reported by the banks under the category 'Credit Cards, ATM / Debit Cards and Internet Banking' has increased nearly five times to 29,082 involving amount of Rs 1,457 crore, Chaudhary said in another reply. As against this, Minister of State for Finance Pankaj Chaudhary said, the number of such incidences was 6,699 involving amount of Rs 277 crore.