Bank Liable For Employee Oversight

The Commission concluded that bank officials had evidently been negligent in failing to compare the signature prior to making payment, notes Jehangir B Gai. Illustration: Dominic Xavier/Rediff.com......

Victim of online fraud? Here's what you can do

Consumer rights activists say even with limited resources, it is not possible for customers to take on banks and prove they are at fault. An employee uses a computer mouse inside an office.......

Bank liable for fraudulent ATM withdrawal

There are instances of unscrupulous bank officials defrauding depositors. Here is a case of how Bank of India officials violated all banking norms, resulting in a customer’s account being......

Money lessons from the Saradha scam

Seek proper documentation before investing A 50-year-old domestic help on the outskirts of Kolkata set herself ablaze after she lost Rs 30,000 that she had invested in a deposit scheme run by the......