Bengaluru: Public sector banks accounted for nearly three-fourths of the value involved in suspected anomalous loan applications reported by banks and financial institutions in FY26, despite accounting for just over half the cases, according to a new report by Experian.

Financial fraud in India is shifting towards fewer, larger cases. The value of reported fraud rose significantly, indicating organised criminal activity. Fraudsters are…

Bengaluru: Public sector banks accounted for nearly three-fourths of the value involved in suspected anomalous loan applications reported by banks and financial institutions in…