Saturday, February 23, 2013

Banking fraud total jumped 43% to Rs 52.66 cr in 2012: Govt

..........He said the RBI has asked banks to take preventive measures to combat frauds relating to skimming or duplication of credit cards. RBI has also advised banks to set up internal control systems to combat frauds and to take pro-active fraud control and enforcement measures to ensure that credit card operations are run on sound, prudent and profitable lines. Moreover, it has also cautioned banks on phishing attacks containing details of the modus-operandi on such attacks and minimum set of preventive measures to tackle phishing attacks.......

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