RBI digital fraud compensation rules 2027: How to recover money lost in online fraud
The Reserve Bank of India has introduced a new compensation framework for victims of digital banking fraud, effective January 2027. The policy allows victims to recover up to Rs 25,000 for small-value scams, provided they report the incident within five days.
Why it matters
This policy shifts the burden of proof to banks and provides a critical safety net for consumers against the rising tide of digital financial fraud.
RBI digital fraud compensation rules 2027: How to get your money back lost in online fraud, and everything else you need to know - The Times of India
The article reports on government policy and regulatory changes in a factual, descriptive manner without emotive language.
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