Be Alert! RBI Brings Relief For Cybercrime Victims
The RBI has revealed new guidelines to support victims of digital fraud. Under the new draft rules, for cyber frauds under ₹50,000, victims can receive up to ₹25,000 in compensation, with 65% covered by the RBI and 20% by banks. Complaints must be lodged within five days via the 1930 helpline. Experts say these measures will enhance customer confidence.