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Tag: rbi announces digital scam compensation

RBI’s digital scam compensation pilot | Explained

Posted on June 25, 2026 By admin
RBI’s digital scam compensation pilot | Explained

For losses up to ₹50,000, individual victims can claim 85% of the amount as compensation, only once in their lifetime, up to ₹25,000.  | Photo Credit: The Hindu The Reserve Bank of India on Wednesday (June 24, 2026) issued fresh rules to protect customers from scam transactions where they lose money to fraudsters and cyberattacks….

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