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SC asks RBI to devise SOP for mule accounts, frauds

Published 4 Aug 2026

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The Supreme Court on Tuesday directed the Reserve Bank of India (RBI) to prepare a standard operating procedure (SOP) for banks to deal with bank accounts linked to cyber frauds, including mule accounts, to help curb digital arrest scams.

The Supreme Court on Tuesday directed the Reserve Bank of India (RBI) to prepare a standard operating procedure (SOP) for banks to deal with bank accounts linked to cyber frauds, including mule accounts, to help curb digital arrest scams. While issui... [2850 chars]

Source: The Tribune

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