Srinagar: Jammu and Kashmir recorded 103 financial fraud cases involving Rs 193.49 crore during the financial year 2025-26, with Rs 6.92 crore recovered, the Ministry of Finance informed the Lok Sabha on Monday. According to State/UT-wise data provided by the Reserve Bank of India (RBI), J&K reported 467 fraud cases involving Rs 47.55 crore in FY 2023-24, of which Rs 3.23 crore was recovered. In FY 2025-26, the number of reported fraud cases stood at 103, but the amount involved surged to Rs 193.49 crore, with Rs 6.92 crore recovered. It added that there are no defined timelines for recovery due to the complexity of fraud cases and the involvement of multiple agencies, institutions, tribunals, and courts. Ladakh recorded eight fraud cases involving a negligible amount in FY 2025-26, while 18 cases involving Rs 0.07 crore were reported in FY 2023-24 and 13 cases involving Rs 0.03 crore in FY 2024-25.