... the depositors and financial institutions at the receiving end. As per Reserve Bank of India’s latest annual report, it has been reported that there have been bank frauds worth a whopping Rs 72,000 crore in the financial year 2019. Therefore, this study aims to obtain the perception of Academicians...

... of perpetrators are the factors that cause bank fraud. Opportunity is the most significant contributor to fraud. Originality/value The novelty of this paper is that it discusses the causes of fraud in rural banks. Management and authority can learn from this case. Taofik Hidajat can be contacted...

... between bank fraud and stock market capitalization but with a structural break in 2005. Practical implications – There is an urgent need to overhaul and re-assess from time to time the existing systems of internal checks and controls in banks, as well as other financial institutions in Nigeria...