Delhi HC asks SBI to compensate man who lost Rs 2.6L to internet banking fraud

3 hours ago 1

The Delhi High Court has ordered the State Bank of India (SBI) to compensate a customer who lost Rs 2.6 lakh to phishing. The court found SBI negligent in handling the customer's complaint and failing to prevent the fraudulent transactions, emphasizing the bank's duty of care in such situations.

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