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Centre could look at creating a scaffolding by distancing itself from management of banks through the creation of a Bank Holding Company which could assume the entire government stake in banks.

Banks see whopping 73 per cent spike in frauds at Rs 71,543 cr in FY19

Banks, on an average, report fraud loss of Rs 35,000 crore every year.

5 July 2019 9:39 AM IST

IDBI shares fell as much as 3.5 per cent to 73.6 rupees.

IDBI Bank discloses fraud of USD 119 million, shares fall

IDBI Bank fraudulent loans of 7.72 billion rupees were issued from 5 of its branches in Andhra Pradesh and Telangana.

28 March 2018 1:29 PM IST