AIMediaNamaabout 2 hours ago
SC orders RBI SOP, compensation review for digital arrests
5 min read
The Supreme Court directed the RBI to issue a standard operating procedure for banks within four weeks and ordered an inter-departmental committee to examine shared liability and victim compensation frameworks for digital arrest scams. Digital arrest complaints fell from 1,23,672 in 2024 to 16,377 by June 30, 2026.
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