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March 18, 2026, 05:40 PM - 3 min read
A bench of Justices JB Pardiwala and R Mahadevan dismissed the bank's appeal, affirming a Madras High Court ruling that directed it to indemnify Archean Industries Pvt. Ltd. for the mistaken transfer.
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February 6, 2026, 04:33 PM - 3 min read
The RBI has announced a one-time compensation of up to ₹25,000 for bank customers hit by digital fraud, including cases involving shared OTPs, with payouts to be made from the ₹85,000-crore Depositor Education and Awareness Fund.
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