SBI's banking fraud of Rs 7,951 crore in 9 months

Indore : According to the information received under Right to Information (RTI) Act, the country's largest lender, State Bank of India (Rik), totaled 7,951.29 crores in the last nine months of the current financial year (April-December 2018), 1,885 of banking fraud The matter came to light. RTI activist Chandrasekhar Gaur of Nimach, Madhya Pradesh said on Wednesday that under the Right to Information, a senior SBI official has given this information to him.In response to a reply sent to SBI on February 25, he told that in the first quarter (April-June 2018) of this financial year, 669 cases of bank fraud were reported in the bank totaling Rs 723.06 crore. In the second quarter (July-September 2018), 660 cases related to banking fraud of Rs 4832.42 crore came to light.According to the information received from RTI, during the third quarter of the current financial year (October-December 2018), 556 cases of banking fraud of Rs 2395.81 crore were detected in SBI.Gaur, in particular, wanted to know from SBI in his RTI application that how many of his customers were victimized by banking fraud in the extortion period (April-December 2018) and for this reason, he got the amount of money. However, the Public Sector Veteran bank citing Section 7 (Nine) of the RTI Act 2005 on the said question said that according to the legal provisions, he is exempted from disclosure of information sought in this subject..