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The Economic Times

Economy / The Economic Times

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HC seeks RBI, Govt reply on UPI fraud safeguards

The Delhi High Court has asked the Finance Ministry, Reserve Bank of India, and National Payments Corporation of India for their response. This comes after a public interest plea highlighted a surge in digital payment frauds, particularly on UPI platforms. The court is being urged to direct financial institutions to implement better fraud prevention and recovery mechanisms for victims.

20 Feb 2026 12:18 am