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President asks Banking Mohtasib to take up matter of banking frauds with SBP

President Dr Arif Alvi has asked the Banking Mohtasib to take up the matter of banking frauds with the State Bank of Pakistan to issue essential SOPs.

The President issued these directions while rejecting two separate representations filed by the United Bank Ltd and Bank Alfalah Ltd directing the banks to compensate their customers who fell victim to online banking fraud at the hands of fraudsters.

Source: Radio Pakistan

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