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Citibank Over Credit Card Fraud | Delhi HC Orders Rs. 1 Lakh Compensation To Card Holder, RBI Reforms

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By Mariya Paliwala
Citibank Over Credit Card Fraud | Delhi HC Orders Rs. 1 Lakh Compensation To Card Holder, RBI Reforms

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In a strongly worded judgment highlighting systemic failures in banks’ response to digital fraud and customer grievances, the Delhi High Court on Wednesday directed Citibank to pay Rs. 1 lakh in compensation to a credit card holder who was harassed by recovery agents even after reporting fraud and securing court protection. The bench of Justice…

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Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

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