According to a report by the RBI, ICICI Bank featured first on the list of banks that witnessed the most number of frauds between April and December 2016. ICICI was followed by the State Bank of India at second. Further, the report added that as many as 455 fraud cases involving Rs 1 lakh and above were detected in ICICI Bank, followed by SBI at 429. Interesting, over 450 employees were engaged in fraud in various banks.