RBI raises transaction limit for small-value offline digital payments to Rs 500
The Reserve Bank of India raised the transaction limit for small-value digital payments made in offline mode from...
Source: siliconindia.com
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Banks, payment operators report Rs 1,750 crore payment frauds in 7 months: RBI
Card and internet frauds were just Rs 87 crore involving 2,321 frauds during the April-September period of 2022-23, according to the RBI’s Report on Trend and Progress in Banking.
Source: indianexpress.com
![Digital India boon for commoners but conmen get smarter; RBI reveals figures [details] - Vimarsana News](https://data1.ibtimes.co.in/en/full/775041/digital-market.jpg)
Digital India boon for commoners but conmen get smarter; RBI reveals figures [details]
The growing popularity of digital payments in India is proving to be a blessing not only for the common man but also the cyber-conmen, as per the latest figures revealed by RBI under RTI.
Source: ibtimes.co.in
Alarming rise in online-digital-cards frauds, reveals RTI by Pune businessman
The RTI reply was given to Pune businessman Prafful P. Sarda, who had sought official details of all types of online-digital-cards frauds that Indian banks have suffered with invisible conmen duping lakhs of gullible customers since 2014.
Source: freepressjournal.in