
From 1.1.2027 [1] Victims of small value digital banking frauds involving losses of upto ₹50000 in fraudulent electronic banking transactions will be eligible for compensation upto ₹25000 – subject to certain conditions [2] Victim- an individual or sole proprietor-will receive compensation equivalent to 85% of the net loss amount or ₹25000 whichever is lower– [3] Glancing through marked portion is solicited– Courtesy BS
