HC orders bank to remit ₹38L lost in SIM swap fraud; says no customer liability without negligence

Korde told the court that on July 15, 2021, he received an alert about a ₹2.14 lakh transfer he had not authorised. On checking his net banking account, he discovered that ₹38.04 lakh had been siphoned off through eight transactions within a span of about 40 minutes

Go to News Site