Fraud cases in public sector banks have come down by almost 50 per cent to 2,369 in FY22 as against 4,680 in the previous fiscal. Rajya Sabha was informed on Tuesday. The amount involved in fraud also came down to Rs 3,204 crore from Rs 7,306 crore in 2020-21.

Comprehensive steps have been taken to tackle banking frauds, including online searchable databases of frauds reported by banks. Central Fraud Registry For timely identification, control and mitigation of fraud risk and to exercise due diligence during the credit sanction process, Minister of State for Finance Bhagwat karadi Said in written reply.

“Public Sector Banks (PSBs) have been advised to strictly ensure rotational transfer of officers/employees,” he said.

A National Cyber ​​Crime Reporting Portal has been launched by home Ministry To enable the public to report incidents related to all types of cyber crimes. He said that a toll free number has also been started to assist in lodging complaints.

Responding to another question, Karad said the government had last month ‘Jan SamarthThe portal, which provides loans to youth, students, entrepreneurs and farmers for education loan, agriculture loan, business activity loan and livelihood loan under 13 credit linked government schemes.

Any applicant/beneficiary can register, check eligibility under various government schemes and apply for digital loan approval Jan Samarth PortalThey said.

The loan application and disbursement process will be eased with the use of Jan Samarth Portal.