Are you a victim of digital fraud? Didn't you receive any compensation from your bank? The revised RBI framework assures eligible digital fraud victims compensation of ₹25,000 or 85% of the net loss, whichever is lower . A final notification released by the RBI on 24 June 2026 , officially under the RBI (Commercial Banks – Responsible Business Conduct) Third Amendment Directions , will come into effect from 1 January 2027 . It covers digital fraud losses of up to ₹50,000 . Eligible individuals will be compensated 85% of their net loss or up to a maximum of ₹25,000, whichever is lower , applicable once in a lifetime . The framework shifts the liability burden from the victim to the RBI and the bank. If the fraud occurred due to the bank's negligence or a third-party breach, the victim has zero liability . The incident should be reported on the National Cyber Crime Reporting Portal or by calling 1930 , and the bank must also be notified within 5 calendar days . For any complaint...