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RBI finalises digital banking fraud protection rules; introduces shadow reversal, extends relief to sole proprietors - The Economic Times
Victims of digital payment fraud losing up to Rs 50,000 can now get up to Rs 25,000 compensation from banks, effective January 1, 2027. The RBI will fund 65% of this, with banks contributing the rest. Sole proprietors are now covered, and cross-border frauds are included. Reporting within five days to the cybercrime portal and bank is crucial for eligibility.
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RBI expands digital fraud protection, introduces compensation for small-value scam victims - The Economic Times
https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-expands-digital-fraud-protection-introduces-compensation-for-small-value-scam-victims/articleshow/131968799.cms
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
https://timesofindia.indiatimes.com/technology/tech-news/rbi-digital-fraud-compensation-rules-2027-how-to-get-your-money-back-lost-in-online-fraud-and-everything-else-you-need-to-know/articleshow/131991395.cms
Lost money to cyber fraud? RBI's new rules offer compensation of up to ₹25,000 | Mint
https://www.livemint.com/money/personal-finance/lost-money-to-cyber-fraud-rbis-new-rules-offer-compensation-of-up-to-25000-11782377755079.html