Frauds in the Indian Banking Industry.
This paper will also showcase various attempted frauds and fraud cases for both internal and external fraud scheme in the banking institutions. This paper is geared towards providing valuable learning points for staff of banking institutions who handle daily banking operations in order to assist them in detecting and preventing similar occurrence of fraud cases.
This paper describes the empirical universe of nancial fraud as it has been documented in the academic literature. More speci cally, it describes the different forms of fraudulent behavior in the context of nancial market activities, the prevalence and consequences of such behavior as identi ed by previous research, and the economic and market structures that scholars believe facilitate it. To.
The foregoing discussion suggests that the literature on the bank frauds in Indian-context is very limited and inconclusive. Thus, our study builds on the previous literature of bank frauds in the Indian banking sector. The scope of the study has been confined to 21 banks in the National Capital Region (NCR) of India. Research Methodology.
The paper is concluded by with the recommendations targeting at reducing fraud and forgeries in the Nigerian banking industry. Key Words: Fraud, Bank Failure, Forgeries and Embezzlement Introduction Banks and non-bank financial institutions jointly constituting the financial industry of any economy however, the banking system comprises the major corner stone of an economy.
Frauds in e-banking services occur as a result of various compromises in security ranging from weak authentication systems to insufficient internal controls. Lack of research in this area is problematic for practitioners so there is need to conduct research to help improve security and prevent stakeholders from losing confidence in the system. The purpose of this paper is to understand factors.
The Journal of Banking and Finance (JBF) publishes theoretical and empirical research papers spanning all the major research fields in finance and banking. The aim of the Journal of Banking and Finance is to provide an outlet for the increasing flow of scholarly research concerning financial institutions and the money and capital markets within which they function.
HIS he research paper “Fraud deduction and Precaution Measures for Branchless Banking” solves all major prob-lems of the Branchless Banking, especially Branch related risk, and it is fully following SBP procedures in Branchless Banking, and provides rapid solutions for the Fraud deduc-tion. It is really a amazing work a lot of research work.