Last Updated: October 29, 2026

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  • Tag: Banks Must Compensate

    Banks Must Compensate Digital Arrest Victims if Due Diligence Fails: Supreme Court

    New Delhi: The Supreme Court on Thursday said banks and other financial institutions must compensate victims of digital arrest and cyber fraud with an amount not less than their losses if an investigation establishes that the fraud occurred because the institution failed to exercise due diligence. A Bench comprising Chief Justice of India Surya Kant.