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Credit Card Fraud: HDFC Bank Asked To Refund Rs24,000 with 7% Interest

While setting aside orders passed by fora below, the national consumer disputes redressal commission (NCDRC) directed HDFC Bank Ltd to refund Rs24,000 with an interest of 7%pa (per annum) and pay Rs10,000 litigation cost to a customer whose credit card was used for fraudulent transactions at midnight. ....

Parveen Kumar Jain , Inder Jit Singh , Sujav Business Pvt Ltd , Bank Ltd , Consumer Protection Act , New Delhi Based Parveen Kumar , Reserve Bank , Consumer Protection , Mutual Fund Returns , Ank Fixed Deposits , Nvestor Returns , Ortfolio Allocation ,