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Card Fraud

Rise in average value of card, internet banking frauds: Govt data

Average fraud value up at Rs 34,802 in 2021-22, but number of such instances down 8% to 65,045

Rise in average value of card, internet banking frauds: Govt data
Updated On : 14 Mar 2023 | 9:06 PM IST

Bank liable for fraudulent card transactions

An RBI circular says the customer is not liable for unauthorised transactions that occur due to contributory fraud, negligence, or deficiency on the bank's part

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Updated On : 27 Dec 2020 | 7:27 PM IST

Delhi eatery staff arrested for cloning customers' debit, credit cards

The accused used to re-swap cards of the customers and noted down their last four digits, PIN and bank name

Delhi eatery staff arrested for cloning customers' debit, credit cards
Updated On : 14 Mar 2019 | 12:47 PM IST

PMO lens on debit card security breach probe

Concern highlights the fact that, unlike previous ATM frauds, current one might have far more serious repercussions and systemic risk

PMO lens on debit card security breach probe
Updated On : 22 Oct 2016 | 12:18 AM IST