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'Most credit card frauds at ICICI'

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New Delhi: One of the largest private sector lending institutions ICICI Bank lost more than Rs 11 crore due to over 8,000 cases of credit card frauds last year.

There were 8,280 cases reported by the ICICI Bank to the Reserve Bank of India, in which it lost Rs 11.47 crore between April and December 2008, Minister of State for Home Shakeel Ahmad said in reply to a question in the Lok Sabha on Tuesday.

Image: Pedestrians walking outside the ICICI Bank in Mumbai

Text: PTI

Images: Copyright AFP. Any unauthorised reproduction is prohibited.

Also Read: 'Charging extra for card use is violation of rule' | Credit card perks you never knew you had




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