Supreme Court says banks must compensate victims of digital fraud
The Supreme Court has held that banks should act as a protective safeguard for customers and compensate those who fall victim to digital fraud. The observation frames banks' responsibility toward account holders in cases of online financial theft. The court's remarks emphasise that customers should not bear the full loss when fraud occurs through digital channels. The ruling reflects growing judicial concern over rising cyber frauds targeting bank account holders. Further details of the case are not available in the provided text.
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