Business Standard

Banks Liable For Online Frauds

Number of frauds in banking sector on the rise, but amount declines

89.2 per cent of the frauds reported in 2023-24 by value occurred in previous financial years

Number of frauds in banking sector on the rise, but amount declines
Updated On : 31 May 2024 | 12:53 AM IST

Bank liable for online frauds

Banks are duty bound to take steps to assess risk, provide robust mechanism to prevent, detect fraud

Bank liable for online frauds
Updated On : 31 Aug 2017 | 2:51 AM IST