SC notes RBI crafted a SOP prescribing action by banks to temporary put debit cards on hold to prevent cyber-enabled frauds.

ALSO READ

• SC asks RBI, DoT and others to jointly hold a meeting to come up with framework for compensation in digital arrest cases.

• We direct Centre to formally adopt, implement RBI's SoP across India for inter-agency coordination in dealing with digital frauds: SC.

• SC seeks timely actions from RBI, banks on digital fraud; says it may be due to collusion or negligence of bank officials.

• Juvenile Delinquency Unfolds: Disturbing Incident in Shamli

• Transcorp International Gains RBI Nod for Centralized Payment Systems