“If you look at frauds per number of transactions, we would see that compared to last year, from the beginning of the year the incidence kept reducing substantially until about July, when it again started rising,” Sankar said. “So, it might be cyclical — they might go up and come down — but we are hoping that with the digital infrastructure we are creating and the success we are seeing, at this stage we will be able to contain that.”According to RBI data, in FY25, banks reported 13,516 cases of card and in ...