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@article{198609,
        author = {Dr.Shilpi Bhalla},
        title = {The Role of Forensic Accounting in Detecting and Preventing Bank Frauds in India: Case Studies of YES Bank &PMC Bank},
        journal = {International Journal of Innovative Research in Technology},
        year = {2026},
        volume = {12},
        number = {11},
        pages = {9719-9725},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=198609},
        abstract = {The Indian banking sector has witnessed a series of financial frauds over the last decade. Due to failure of traditional statutory audits to detect early warning signals, the growing importance of forensic accounting as a specialized tool for fraud detection and investigation highlighted.
This paper examines the role of forensic accounting in uncovering banking and financial frauds in India, with a specific focus on case studies of the YES Bank crisis, the Punjab and Maharashtra Cooperative (PMC) Bank scam. 
Using secondary data from regulatory reports, forensic audit findings, and investigative documents, the study analyses fraud techniques such as fund diversion, fictitious accounts, and asset overvaluation. The findings reveal that forensic audits were instrumental in identifying hidden patterns of manipulation that got unnoticed in conventional audits. 
The paper concludes by recommending the integration of forensic accounting into mainstream banking practices through mandatory forensic audits, adoption of AI-driven fraud detection tools, and enhanced training for auditors and bank officials. The study contributes to the growing literature on forensic accounting in emerging economies and underscores its necessity for strengthening corporate governance and financial stability in India.},
        keywords = {Banking fraud in India, Corporate Governance, Forensic Audit, Fraud Detection Techniques},
        month = {April},
        }