Frauds in Indian Banking |
Author(s): |
| Prof. Vikas Upadhyay , Shri GPM college |
Keywords: |
| Fraud, Scam, Prevention, Suggestion and Conclusion |
Abstract |
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In this paper, we have attempted to identify the issues and problems associated with banking frauds. Fraud is a concept that is generally understood, but whose characteristics are often not recognized until it is too late. The potential damage, financial and reputational, means that this risk cannot be ignored. Combating fraud requires an understanding of how and why it occurs and the way by which it can be minimized. As the pressure on management to maintain income and earnings increases, the incentive to commit fraud is higher. The above issues are the main subject of the paper. Its most interesting part refers to real fraud cases that have occurred in the banking system. These cases reveal the causes leading to fraud. Finally, the paper asks how the risk of fraud can be prevented. |
Other Details |
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Paper ID: IJSRDV6I10623 Published in: Volume : 6, Issue : 1 Publication Date: 01/04/2018 Page(s): 2235-2239 |
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