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RBI Proposes 1-Hour Delay for Large Digital Transactions to Combat Fraud

LH
Lena Hoffmann
AI Policy CorrespondentInc42Verified across 1 source

The Brief

The Reserve Bank of India is considering implementing a one-hour processing delay for digital transactions exceeding ₹10,000 to reduce financial theft. The measure aims to give customers time to detect and reverse fraudulent transfers. Watch for final RBI guidelines as digital fraud cases continue rising.
Verified across 1 independent source
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