SC gives RBI 4-week deadline for mule account SOP to halt digital arrest scams
The Supreme Court of India has issued a sweeping set of directions to combat digital arrest scams, giving the RBI a four-week deadline to frame an SOP on mule accounts. The order also mandates states to operationalise grievance and money restoration modules and requires High Courts to inform lower courts about these remedies, creating a new procedural framework for victims.