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The Times of India·India

Supreme Court asks RBI to mandate digital scam damages

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Supreme Court asks RBI to mandate digital scam damages

The Supreme Court has asked the Reserve Bank of India to make banks pay damages when people lose savings to digital arrest scams. The proposal would create a compensation rule for victims of these frauds.

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This card is an AI-assisted summary of reporting published by The Times of India. Read the original report before relying on it for medical, legal, financial, safety, or emergency decisions.