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Banks Must Compensate Digital Fraud Victims For Losses If Due Diligence Fails: Supreme Court

📰 Odisha Bytes News 🕐 1 min read 📅 October 29, 2026 👁 1 views
Banks Must Compensate Digital Fraud Victims For Losses If Due Diligence Fails: Supreme Court
New Delhi: There is good news for victims of digital fraud. The Supreme Court said on Thursday banks must be held accountable for losses suffered by individuals due to digital fraud. Observing that protecting those victims is the responsibility of financial institutions, the top court asserted that victims of offences such as digital arrest scams […] The post Banks Must Compensate Digital Fraud Victims For Losses If Due Diligence Fails: Supreme Court appeared first on OdishaBytes.
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