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Fraud Reporting

Fraud Reporting

12.53 As per RBI circular DBR.No.BP.BC.92/21.04.048/2015-16 dated April 01, 2016 on Provisions pertaining to Frauds, Bank should make suitable disclosure regarding

i. No. of Fraud reported;
ii. Amount involved in such frauds;
iii. Quantum of Provisions during the year;
iv. Quantum of unamortized Provision debited to other reserves