💨 Abstract

The Delhi High Court has directed the State Bank of India (SBI) to restore Rs 2.6 lakh illegally siphoned from a 55-year-old's account due to cyber fraud. The court observed a "glaring service deficiency" in SBI's response and also ordered them to pay nine per cent interest annually and Rs 25,000 as costs.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖

Powered by MessengerX.io