Kerala High Court directs SBI to refund ₹3.73 lakh to victim of cyberfraud

Kerala High Court directs SBI to refund ₹3.73 lakh to victim of cyberfraud

India's Kerala High Court has ordered the State Bank of India to return 3.73 lakh rupees to a woman who fell victim to a cyber‑fraud scheme. The bench ruled that because she reported the unauthorized transfer to both the bank and police promptly, she meets the criteria for a refund under banking regulations. The court noted her entitlement and highlighted the need for prompt reporting.

Kerala High Court directs SBI to refund ₹3.73 lakh to victim of cyberfraud — PinBrief