The Bombay High Court has ordered HDFC Bank to refund Rs 38 lakh to a Pune businessman who lost money in a SIM swapping fraud. The court ruled the customer had zero liability under RBI guidelines, as the transactions were unauthorised and not initiated by him
10 April,2026 08:23 PM IST | Mumbai | mid-day online correspondent
The complainant, a resident of Kalyan West, alleged that between April 1 and April 7, he received multiple WhatsApp video and audio calls from unknown persons, including some from international numbers, police said
10 April,2026 02:34 PM IST | Mumbai | mid-day online correspondent
Malad flat owners say they were never told of loan before finance firm moved to claim their homes as secured assets
10 April,2026 11:20 AM IST | Mumbai | Samiullah Khan
The fraud involved manipulation of bank records, siphoning funds, and routing money to foreign entities. Both accused remain abroad, and investigations are ongoing
08 April,2026 08:09 PM IST | Mumbai | mid-day online correspondentADVERTISEMENT
