One bank official is held for fraud every four hours in a public sector bank (PSB), an analysis of data compiled by The Times of India, based on a Reserver Bank of India (RBI) report, revealed.

According to the report, over 5,200 officials were held for fraud in PSBs between 1 January 2015 to 31 March 2017.

Of the total number of frauds, 2,084 cases saw the involvement of insiders, accounting to 12 percent of the cases. But the data does not say how much money was involved in the frauds committed by the employees.