• Tauseef Ahmad
• Prof. Dr. Qazi Mohammad Usman

Bank fraud is term used to describe fraud committed in relation to banking sector, adversely impacting the bank and its customers. The purpose of these fraudulent activities, which can involve both individuals and organized groups, is to steal money or assets from banks, its clients, or other stakeholders. Bank fraud has been a serious concern in India, in contemporary India; the situation seems to me more critical, among other types of fraud that have been documented. Embezzlement of cash, insider fraud, ATM skimming, phishing, internet banking fraud, and loan fraud are some common forms of bank fraud in contemporary India. Indian authorities have taken a number of steps to combat bank fraud, including tightening the legislation, monitoring and surveillance of systems, and pushing public awareness campaigns regarding fraud techniques that are frequently used. This research article addresses the problem of bank fraud in India and its adverse impacts on health and wealth of our country, especially on banking sector, at the same time, this piece also provides for immediate steps to be taken in order to combat the same. The research article further sheds light upon the laws governing bank fraud. The role of judiciary has also been covered in this regard.

Bank Fraud, embezzlement of funds, online bank fraud, ATM skimming, phishing.

"Revisiting Bank Fraud in Contemporary India: Legal and Judicial Response", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 7, page no.g308-g317, July-2023, Available :http://www.jetir.org/papers/JETIR2307648.pdf

"Revisiting Bank Fraud in Contemporary India: Legal and Judicial Response", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 7, page no. ppg308-g317, July-2023, Available at : http://www.jetir.org/papers/JETIR2307648.pdf