India News: The Supreme Court has ordered strengthened measures against digital arrest scams, calling for coordinated efforts among banks and law enforcement to enhance recovery of funds lost to cyber fraud. The RBI is directed to establish SOPs for mule accounts, while states are urged to improve grievance redressal mechanisms.
Supreme Court directs RBI (ANI image)
The Supreme Court, on Tuesday, directed banks, financial intermediaries, regulators and law enforcement agencies to work together to curb the rising menace of "digital arrest" scams and improve the recovery of mo... [1687 chars]
Source: Times of India
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