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National News

The Times of India

National / The Times of India

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Cyber scammed? RBI plans compensation up to Rs 25,000

The RBI is set to introduce new rules to protect bank customers. Small digital fraud victims could receive up to Rs 25,000 compensation. Stricter guidelines will also target mis-selling of financial products and aggressive loan recovery practices. These measures aim to enhance consumer safety amidst growing cyber risks and unfair sales tactics.

7 Feb 2026 3:49 am