The Supreme Court on Tuesday asked the Reserve Bank of India to prepare and circulate a standard operating procedure (SOP) for dealing with bank accounts linked to cyber frauds, including mule accounts.
The bench was hearing a suo motu matter ‘In Re: Victims of Digital Arrest Related to Forged Documents’. The bench also directed the RBI to provide copies of the SOP to the Registrars General of all high courts. It also asked states and UTs to underta... [2183 chars]
Source: CNBC TV18
Read on original siteQuestions about how this affects your business? Speak with a PJRJ partner.
