Kerala High Court directs SBI to refund ₹3.73 lakh to victim of cyberfraud
The court observes that she is entitled to the refund as she reported the fraudulent transaction to the bank and the police within the prescribed time
Explanation in simple terms
- What:
- The Kerala High Court ordered the State Bank of India to pay back money stolen from a customer.
- Who:
- Asha is the victim, the State Bank of India is the bank, and the Kerala High Court is the court.
- When:
- Reported on 21 Oct 2026.
- Where:
- The case was handled in the Kerala High Court in Kerala.
- Why:
- The court directed the refund after the customer lost money in a cyberfraud incident.
- What it means:
- The bank must now return 3.73 lakh rupees to the victim as instructed by the court order.
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