NDTV·India

Banks Must Pay Fraud Victims for Due-Diligence Failures

Summarised by Spiced Kopi · 30 October 2026, 05:27 UTC ·10 sec listen

The Supreme Court says banks must compensate victims of digital fraud when an investigation finds they failed their due diligence. Proposed directions are expected by November 30, with the new measures set to take effect by December 31.

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