Thursday, October 26, 2023

BANKING

The Navsari Consumer Disputes Redressal Commission (CDRC) has ordered the State Bank of India (SBI) to compensate a victim of UPI cyber fraud. The victim lost Rs 59,078 from her account in the SBI's Fuvara branch. Despite reporting the incident and lodging a complaint, the bank failed to take prompt action to recover the remaining Rs 39,578.

from Banking/Finance-Industry-Economic Times https://ift.tt/5sP3x6V
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