Nearly 16,000 Cyber Fraud Cases Reported in SBI Branches Across India in 22 Months: RTI Reply
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Nearly 16,000 cyber fraud cases have been reported across State Bank of India (SBI) branches across the country in a span of 22 months, raising serious concerns about digital security in the banking system.
According to information shared by SBI in response to an RTI query filed by activist Abhay Kolarkar, the bank recorded 15,956 cyber-related financial fraud cases between January 1, 2024, and October 31, 2025. The data highlights the growing risks linked to increasing dependence on technology and digital banking platforms.
The RTI reply also revealed that during the same 22-month period, 5,105 cases of other types of fraud were reported across SBI branches nationwide.
Experts say the sharp rise in cyber fraud comes at a time when banks are rapidly adopting advanced technologies, including artificial intelligence, to improve customer services. However, this digital expansion has also opened new paths for financial crimes. Compared to traditional frauds, cyber fraud cases have seen nearly a threefold increase, creating anxiety among bank customers.
The financial impact of these frauds has been significant. Cyber fraud cases caused losses of ₹118.47 crore, while other frauds led to losses of ₹477.64 crore.
Breaking down the cyber fraud data further, online banking frauds accounted for a major share, with 6,630 cases involving losses of ₹62.37 crore. Mobile banking frauds included 227 cases, causing losses of ₹3.23 crore. Additionally, 1,085 ATM-related fraud cases resulted in losses of ₹7.6 crore.
The figures underline the urgent need for stronger digital security measures and greater awareness among bank customers to prevent cyber crimes.
