VERIFIEDMint Money·3 Aug 2026negative

Debit card blocked without notice? Consumer court orders ₹1.25 lakh compensation, says banks must inform customers

AI Summary

·A Kerala consumer court ordered Federal Bank to pay ₹1.25 lakh in compensation.
·The compensation was awarded for blocking a customer's international debit card without prior notice.
·The court emphasized that banks must inform customers promptly about card blocks, particularly when they are abroad.