Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts

Who pays for transactions made with a lost credit card?

short by Jessica Rajan / on Tuesday, 29 September, 2026
RBI rules can protect customers from paying for unauthorised credit card transactions, depending on the circumstances and how quickly the bank is informed. Customers may have zero liability for third-party breaches if neither the bank nor customer was negligent and the transaction is reported within three working days. If the customer was negligent, they bear the loss until reporting it.
read more at Moneycontrol