RBI to pay fraud victims up to Rs 25k
New Delhi, 7/2: The Reserve Bank of India (RBI) will provide up to Rs 25,000 as compensation to bank customers who become victims of small-value financial frauds, Governor Sanjay Malhotra said on Friday. In his statement after the 59th meeting of the Monetary Policy Committee, Malhotra said the central bank will come out with a…
