RBI Fraud Compensation

DIGITAL FRAUD FRAMEWORK: RBI'S NEW RULES FOR CONSUMER PROTECTION AND PAYMENT SECURITY

The RBI's revised framework compensates small-value digital fraud victims up to ₹25,000 and mandates dynamic Two-Factor Authentication. Coupled with the government's e-Zero FIR initiative, this policy drastically strengthens India's cybersecurity, consumer protection, and overall digital payments ecosystem.