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SC says ₹54K cr frauds in digital arrest cases ‘absolute robbery’, calls for SoP
The New Indian Express
|February 10, 2026
TERMING the siphoning of over %54,000 crore by digital frauds as “absolute robbery or dacoity,” the Supreme Court on Monday asked the Centre to create a standard operating procedure in consultation with stakeholders like the RBI, banks and the Department of Telecommunications to deal with such cases.
“These offences may occur due to either collusion or negligence on the part of bank officials. This necessitates prompt action by the RBI and banks,” observed the three-judge bench of the apex court, headed by the Chief Justice of India Surya Kant and Justices Joymalya Bagchi and N V Anjaria.
This story is from the February 10, 2026 edition of The New Indian Express.
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