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RBI mandates ₹25,000 as max compensation in digital fraud cases
short by / on Sunday, 8 March, 2026
The Reserve Bank of India (RBI) has proposed new rules to protect bank customers from digital fraud. Under the draft guidelines, losses from small-value frauds of up to ₹50,000 may qualify for compensation. However, reimbursement will be limited to 85% of the loss or ₹25,000, whichever is lower, and banks must prove if the customer was responsible.
read more at Trak.in