RBI steps up: Digital fraud victims can claim ₹25,000

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RBI steps up: Digital fraud victims can claim ₹25,000

In a groundbreaking move, the Reserve Bank of India is stepping up to help victims of small digital fraud! Customers can get up to ₹25,000 back, covering 85% of their losses. RBI Governor Sanjay Malhotra assures that if the fraud was unintentional, no questions will be asked. With banks pitching in 15%, this initiative aims to combat rising digital fraud cases and boost customer trust.

| Subrata Panda