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ED shifts to victim compensation and banks want credit for INR 29000 crore cheques

Economy
Published on 24 April 2026
ED shifts to victim compensation and banks want credit for INR 29000 crore cheques

A compensation drive that reshapes financial justice trust

Enforcement Directorate (ED) is now placing greater weight on compensating scam victims, signaling a shift in how financial enforcement delivers justice. The change is being framed as both an evolution of the agency’s role and a way to strengthen public confidence in India’s financial system, with banks reportedly welcoming the direction and scale of support.

  • ED is increasing focus on compensating scam victims
  • The move reflects a broader evolution in ED’s enforcement approach
  • Banks are reportedly supportive of the compensation push
  • It aims to boost public trust in financial justice
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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