Mandate damages for savings lost in 'digital arrest': SC to RBI
Convinced of bank personnel's complicity in cases of cyber fraudsters duping people by staging 'digital arrest', SC told Reserve Bank of India that its proposed Nov 30 standard operating procedure (SOP) must mandate every financial institution to indemnify those who lose money kept with banks to digital conmen.
Convinced of bank personnel's complicity in cases of cyber fraudsters duping people by staging 'digital arrest', SC told Reserve Bank of India that its proposed Nov 30 standard operating procedure (SOP) must mandate every financial institution to indemnify those who lose money kept with banks to digital conmen.
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