Subhashis Chakrabartty
Law
December 2024
E-Banking or digital banking is inevitable for development because it counters the challenges being confronted by conventional keeping money around the world and encouraging online transactions with the tap of a mouse. Speed and precision are the modern mantras of the E-Banking framework. Within the time of E-Banking, unused modes of exchanges like RTGS, NEFT, ECS and EFT has captured the spotlight encouraging national and worldwide exchanges. The problem has started manifolds in the banking sector which is a result of frauds being done by spammers and fraudsters from several corners of the world. In this article, evaluation on digital banking frauds: a legislative framework has been discussed.
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