16mon MSN
HC orders bank to remit ₹38L lost in SIM swap fraud; says no customer liability without negligence
Korde told the court that on July 15, 2021, he received an alert about a ₹2.14 lakh transfer he had not authorised. On checking his net banking account, he discovered that ₹38.04 lakh had been siphone ...
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Bombay HC Orders HDFC Bank To Refund ₹38 Lakh In SIM Swap Fraud Case, Cites RBI Zero Liability Rule
Mumbai, April 10: In a significant ruling on cyber fraud and banking liability, the Bombay High Court has directed HDFC Bank ...
The Bombay High Court has ordered HDFC Bank to refund Rs 38 lakh to a Pune-based businessman, who lost the amount to digital ...
The Bombay High Court has directed HDFC Bank to refund Rs 38 lakh to a Pune businessman who lost the amount in a digital ...
The Punch on MSN
Banks, telcos alliance key to tackling rising fraud – PwC
The Central Bank of Nigeria and the Nigerian Communications Commission have been urged to enable deeper data-sharing between banks and telecommunications operators as part of a coordinated push to ...
The Bombay High Court has ordered HDFC Bank to refund Rs 38 lakh to Subodh Korde, a businessman from Pune, who fell victim to digital fraud. Citing the Reserve Bank of India's guidelines on zero ...
The Bombay High Court recently while ordering the HDFC Bank to remit a total of Rs 38.04 lakhs to a Pune-based businessman, who lost the amount in a cyber fraud, noted that no liability could ...
Mumbai: The Bombay high court, invoking a 2017 circular of the Reserve Bank of India (RBI), has directed HDFC Bank to remit ...
The issue concerns liability in unauthorised digital transactions. The ruling insight highlights that absence of a clear definition of negligence leads to inconsistent outcomes, often shifting ...
The Central Bank of Nigeria (CBN) has updated its regulatory framework for bank verification number (BVN) operations and watchlist in the banking industry.
A bench of Justices Bharti Dangre and Manjusha Deshpande, in its order of April 6, held that account holder Subodh Korde was entitled to zero liability under guidelines issued by Reserve Bank of India ...
The Kenya Times on MSN
How Safaricom users can transition from the old M-PESA app to My One app
Safaricom has addressed concerns raised by users on social media over difficulties accessing and using the newly launched My One App, which merges M‑PESA and MySafaricom services into a single ...
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