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âš¡RBI Says PSBs Reported Frauds Worth Over Rs 19,964 Crore in April-June

By PTI

"Amount involved does not equate with the loss suffered by the reporting bank. Further, the entire amount lent in case of borrowal accounts need not have been diverted by the borrower/fraudster. In case of borrower accounts, amount involved may refer to the amount outstanding in the books of the reporting bank," it said.

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