Bank Fraud Hits Rs 48,021 Crore in FY26: A Disturbing Trend Emerges
RBI reports a surge in bank fraud amounts to Rs 48,021 crore in FY26, while the number of fraud cases declines sharply, highlighting evolving fraud patterns.
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JPMorgan Chase & Co. is an American multinational banking institution headquartered in New York City and incorporated in Delaware. It is the largest bank in the United States, and the world's largest bank by market capitalization as of 2026. As the largest of the Big Four banks in America, the firm is considered systemically important by the Financial Stability Board. Its size and scale have often led to enhanced regulatory oversight as well as the development of an internal "Fortress Balance Sheet".
JPMorgan Chase is backed by The Vanguard Group.
Jamie Dimon is the CEO of JPMorgan Chase.
JPMorgan Chase was founded in 1968.
SourceJPMorgan Chase is headquartered in New York City.
SourceJPMorgan Chase is based in United States.
SourceJPMorgan Chase operates in the financial sector industry.
SourceJPMorgan Chase has approximately 243K employees.
SourceJPMorgan Chase reported revenue of 95.7B.
SourceRBI reports a surge in bank fraud amounts to Rs 48,021 crore in FY26, while the number of fraud cases declines sharply, highlighting evolving fraud patterns.
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