Public sector banks have reported over three-fold jump in compensation towards frauds or e-frauds reported by their customers to ₹140 crore during 2023-24, Parliament was informed on Tuesday.

The amount of compensation paid by these banks stood at ₹42.7 crore in the previous fiscal, Finance Minister Nirmala Sitharaman said in a written reply to the Rajya Sabha.

India has exported non-basmati white rice worth $122.7 million during April-May this fiscal and the government is closely monitoring its production, availability and export scenario to assess suitable policy intervention, Parliament was informed on Tuesday.

The exports stood at $852.53 million in 2023-24, $2.2 billion in 2022-23 and $2 billion in 2021-22, Minister of State for Commerce and Industry Jitin Prasada said in a written reply to the Lok Sabha.

Bangladesh is India's biggest trade partner in South Asia, while India is the second biggest trade partner of the neighbouring country in Asia.

India's exports to Bangladesh dipped to $11 billion in 2023-24 from $12.21 billion in 2022-23. Imports too declined to $1.84 billion in the last fiscal, from $2 billion in 2022-23.

India is a well diversified exporter and a blip in its exports to Bangladesh is unlikely to have any meaningful impact on India's overall trade position for the full year, S&P Global Ratings said.

Bangladesh is facing its worst political crisis since independence in 1971, with Prime Minister Sheikh Hasina resigning amid massive anti-government protests.

Air India on Tuesday cancelled morning flight to Dhaka from the national capital amid massive anti-government protests in Bangladesh.

The neighbouring country has plunged into uncertainty after extraordinary street protests over job quota forced Prime Minister Sheikh Hasina to quit and flee.

IndiGo and Vistara have cancelled all their flights to the Bangladesh capital on Tuesday, two officials said. Vistara operates daily flights from Mumbai and three weekly services from Delhi to Dhaka.