RBI’s Digital Fraud Compensation Framework: What the ₹25,000 Cap and 85% Payout Rule Actually Mean

RBI's Digital Fraud Compensation

RBI has finalised a compensation framework for victims of small-value digital fraud in banking, effective from January 1, 2027. A bona fide individual victim with a gross loss of up to ₹50,000 from a fraudulent electronic banking transaction will be Read More …