BI to roll out digital fraud liability framework from Jan 2027; compensation up to ₹25,000

The Reserve Bank of India will launch a limited liability framework for digital banking frauds from January 1, 2027. Victims can get compensation up to ₹25,000. Governor Sanjay Malhotra said, “Since frauds can still happen despite preventive measures, we have introduced a limited liability framework which will come into effect.”