PoliticsPhoto: Deccan HeraldSupreme Court Orders Banks to Compensate Digital Arrest Scam Victims
The Supreme Court expressed concern over ongoing digital arrest scams and ruled that banks must compensate victims if investigations find a lack of due diligence in money transfers. The court, led by Chief Justice Surya Kant, indicated it may prosecute financial institutions failing to protect customers. It also asked the Reserve Bank of India to list all authorized financial institutions for further directions.
Deccan Herald··New Delhi




