Why consumer commission asked SBI to pay Rs 97 lakh as compensation TOI TECH DESK — Times of India

A retired couple in Hyderabad lost over Rs 60 lakh due to a bank fraud by their driver. He switched their SBI account from ‘view-only’ to ‘transaction facility’ and transferred the money. After a prolonged legal battle, the NCDRC ruled in favor of the couple, ordering SBI to reimburse them with interest and compensation.A retired couple in Hyderabad lost over Rs 60 lakh due to a bank fraud by their driver. He switched their SBI account from ‘view-only’ to ‘transaction facility’ and transferred the money. After a prolonged legal battle, the NCDRC ruled in favor of the couple, ordering SBI to reimburse them with interest and compensation. …Read More