Synopsis Karnataka high court has ordered BSNL to pay more than Rs 55 lakh in compensation and damages to a co-operative bank that lost over Rs 87 lakh in a SIM swap fraud. The court held that the unauthorised issuance of a duplicate SIM card enabled fraudsters to receive OTPs and carry out fraudulent transactions, making BSNL liable for the resulting losses. The Karnataka high court has ordered BSNL to pay more than Rs 55 lakh in compensation and damages to a co-operative bank after an unauthorised duplicate SIM card enabled fraudsters to siphon over Rs 87 lakh from the…
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