India1 min read

IndusInd Bank customer loses Rs 2.3 lakh in 18 minutes to a KYC scam: Court orders refund; says banks, not customers, are responsible for unauthorised transactions

IndusInd Bank ordered to refund after customer loses Rs 2.3 lakh to a KYC scam: A Delhi consumer commission has ordered IndusInd Bank to refund Rs 84,339 to an 80-year-old Dwarka resident after finding it failed to detect or stop 17 fraudulent transactions th…

T

The News Flicker

IndusInd Bank customer loses Rs 2.3 lakh in 18 minutes to a KYC scam: Court orders refund; says banks, not customers, are responsible for unauthorised transactions

IndusInd Bank ordered to refund after customer loses Rs 2.3 lakh to a KYC scam: A Delhi consumer commission has ordered IndusInd Bank to refund Rs 84,339 to an 80-year-old Dwarka resident after finding it failed to detect or stop 17 fraudulent transactions th…

A Delhi consumer commission has delivered a ruling with implications well beyond one fraud case: banks cannot blame customers for online fraud and walk away. They must prove the customer was negligen…

Originally published by The Times of India. Read the full article →

More from India

Pegu's Historic Bronze Fuels Senior Swimming Ambitions
India1 min

Pegu's Historic Bronze Fuels Senior Swimming Ambitions

Tirthank Pegu, India's first male swimmer to win a medal at the Youth Olympic Games, secured a bronze in the 200m butterfly event. Following his historic achievement in Dakar, Pegu expressed his ambition to transition his junior success into strong performanc…

The News Flicker·November 8, 2026