Rajasthan HC says banks can't freeze entire accounts anymore

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Rajasthan HC says banks can't freeze entire accounts anymore

Rakesh Gupta, a trader from Jaipur, hit a financial wall when his bank account was frozen due to a cyber-fraud report. The Rajasthan High Court stepped in, saying banks can only freeze disputed amounts, not the whole account. Experts suggest customers should quickly ask for written reasons and escalate if needed. If banks follow the rules, innocent folks like Rakesh can breathe a little easier during investigations.

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