Bank Blocks Card Without Warning, Must Pay Customer Rs 1.25 Lakh

Finance

EnglishEnglish

Bank Blocks Card Without Warning, Must Pay Customer Rs 1.25 Lakh

Imagine landing at a foreign airport, ready to splurge, but your debit card just ghosted you! A court recently ruled that if a bank blocks your card without a heads-up, they might owe you big bucks. This happened to a traveler from Kuwait to Kochi who found his card kaput. The court said, 'Not cool, bank!' and made them pay up for the hassle. Lesson learned: Banks need to keep customers informed!

|