Mirchowk Police arrested a 25-year-old man for allegedly cheating a Telangana State Assembly gardener of Rs 10,000 by showing a fake digital payment screenshot at an ATM centre in Chatta Bazaar. Police seized Rs 4,000 cash and mobile phones.
The RBI has proposed new safeguards to curb rising digital payment frauds, including a one-hour delay for transfers above Rs 10,000, trusted-person authentication for seniors, limits on large credits, and a “kill switch” to disable digital payments instantly