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SBI told to pay Rs 3 lakh for online, ATM fraud

January 22, 2015Daily NewsBy wp-admin

The State Bank of India (SBI), Bhandara branch, has been asked by Maharashtra government to pay Rs 3 lakh compensation to a senior citizen who lost his lifetime savings of Rs 3.77 lakh to fraudulent ATM and online transactions. Bhandara-based complainant Motiram Tekam was told to partially bear the loss of Rs 77,000 as he handed over his ATM-cum-debit card to an unknown person.
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