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flag Delhi High Court orders government, RBI, and NPCI to respond to petition demanding stronger UPI fraud protections after ₹1.24 lakh scam.

flag The Delhi High Court has asked the Union government, RBI, and NPCI to respond to a Public Interest Litigation seeking stronger safeguards against rising UPI frauds. flag Filed by retired employee Pankaj Nigam, the petition details his loss of ₹1.24 lakh in a rental scam in February 2024 and highlights systemic gaps in reporting, investigation, and recovery. flag It cites a sharp rise in UPI frauds—from ₹111 crore in 2020-21 to ₹573 crore in 2022-23—and calls for mandatory KYC, a centralized complaint platform, better data access, inclusion of smaller frauds in e-Zero FIR, and a new procedure for cross-jurisdictional cases. flag The court has directed the authorities to file responses.

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