Indian Bank Ordered to Compensate Customer for Neglecting to Reverse Unauthorized Transactions as Per RBI Guidelines

In a recent legal ruling by the District Consumer Disputes Redressal Commission-I (North District), Indian Bank has been directed to compensate Mr. Harish Chander, a resident of Burari, Delhi, for unauthorized electronic banking transactions totaling Rs. 10,00,000 from his salary account. The complaint, filed under Section 35 of the Consumer Protection Act, 2019, sheds light

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