The Supreme Court on Monday expressed grave concern over digital frauds, noting that more than ₹54,000 crore has been siphoned off through cyber crimes, and described the scale of the fraud as “absolutely robbery or dacoity”.
A bench of the apex court sought swift and coordinated action from the Reserve Bank of India (RBI), banks and other agencies to curb the rising menace of digital fraud. Observing that such large-scale losses could not occur without serious lapses, the court said the frauds “may be due to collusion or negligence of bank officials”.
The bench directed inter-departmental agencies to prepare a draft memorandum of understanding (MoU) within four weeks to strengthen coordination and effectively tackle digital frauds.
Taking note of an existing standard operating procedure (SOP) framed by the RBI, which prescribes immediate steps such as temporarily blocking debit cards to prevent cyber-enabled fraud, the court directed the Centre to formally adopt and implement the RBI’s SOP across the country.
“We direct the Centre to ensure pan-India implementation of the RBI SOP for inter-agency coordination in dealing with digital frauds. We also direct the CBI to identify cases of so-called ‘digital arrest’,” the bench said.
The Supreme Court further asked the Gujarat and Delhi governments to grant sanction for investigation in identified cases. It also directed the RBI, the Department of Telecommunications (DoT) and other concerned authorities to jointly hold a meeting to evolve a framework for compensation to victims of digital arrest frauds.
Emphasising victim relief, the court said a “pragmatic and liberal approach” is required while considering compensation for those affected by digital arrest scams.
If you want it sharper, more dramatic, or more neutral (wire-style), tell me which tone you’re aiming for.

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