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Yes, recent reports show that India's bank fraud has indeed surged dramatically, escalating to an estimated ₹ 360 billion in FY25. This alarming trend aligns with findings in Current Fraud Trends In The Financial Sector - PwC India, underscoring the urgent need for enhanced regulatory frameworks. Organizations must prioritize fraud detection and prevention to safeguard their assets. Utilizing UsLegalForms can provide essential legal resources to address these critical issues effectively.
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