Legal Protections against Online Banking Fraud\n\nRBI guidelines and Indian laws provide specific remedies for victims of unauthorized electronic transactions.\n\n### Zero Liability Policy\nIf you report an unauthorized transaction within 3 working days, the bank is liable to reverse the amount if it was a technical breach or a third-party fraud.\n\n### Adjudication under the IT Act\nThe Adjudicating Officer (IT Secretary of the State) has the power to award compensation for damages caused by data breaches or failure of a bank to protect customer data.
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