Credit Card Fraud- Bank Cannot Escape Liability on Arbitrary Terms: NCDRC

Recently, the National Consumer Disputes Redressal Commission (NCDRC) ruled that if a complainant is duped/hacked or Credit Card Fraud due to an error on part of the bank, then in such cases, the bank is liable. Background The Complainant stated that in 2007 she purchased a prepaid Forex Plus Debit Card with a limit of

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