‘85% Coverage’: RBI Issues Draft Digital Fraud Compensation Guidelines

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The Reserve Bank of India on Friday released draft guidelines for a compensation scheme aimed at protecting customers from digital fraud, offering coverage for up to 85% of the lost amount or a maximum of 25,000 rupees ($271.98).
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The Reserve Bank of India on Friday released draft guidelines for a compensation scheme aimed at protecting customers from digital fraud, offering coverage for up to 85% of the lost amount or a maximum of 25,000 rupees ($271.98).

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