Cyber fraud probe over Rs 36,000 cannot block entire bank account, says Allahabad HC

The Allahabad high court ruled banks should not fully block accounts during cyber fraud investigations. Only the specific disputed amount should be frozen, allowing access to remaining funds. The court emphasized clear communication channels for customers with blocked accounts. This directive aims to balance investi

Centre blocks 3,718 fraudulent mobile apps and saves Rs 11,158 crore till June 2026.