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Refund of fraud transactions: Railway police constable wins case against PNB after 10 years; what to do in such cases?

By Economic Times - 8 months ago
Punjab National Bank: What happened was an constable with Railway Protection Force (RPF) became a victim of electronic fraud in 2013 and Rs 80,000 was withdrawn through eight unauthorised transactions. Banking lawyers say that the burden of proving customer liability in case of unauthorised electronic banking transactions shall lie on the Bank.

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