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Bank customer has zero liability for unauthorised transaction: HC

A customer has zero liability when an unauthorised transaction occurs due to a third party breach where the deficiency lies not with the bank or customer but somewhere in the system, the Bombay......

Former SC judge AM Khanwilkar sworn in as Lokpal chairperson

Former Supreme Court judge Ajay Manikrao Khanwilkar was administered the oath of office as the chairperson of the anti-corruption ombudsman Lokpal by President Droupadi Murmu in New Delhi on......

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

The Centre has allocated Rs 928.46 crore to the Central Bureau of Investigation in the Union Budget 2024-25 announced by Finance Minister Nirmala Sitharaman on Thursday, a snip of over Rs 40.4......

What you must know about China and coronavirus

How China's all powerful Communist party bungled the response to the coronavirus crisis. IMAGE: Passengers at the Shanghai railway station. Photograph: Aly Song/Reuters Srikanth Kondapalli is the......

SC asks Lokpal search panel to recommend names by Feb end

The Supreme Court on Thursday requested the search committee on Lokpal to recommend by the end of February a panel of names for appointing the country's first anti-graft ombudsman. A bench headed......

Banks urge RBI for boards' workload mgmt

Private sector bank board members have urged the Reserve Bank of India (RBI) top brass to consider workload management of the boards as they feel there are too many issues that go to the boards for......

Follow KYC norms or face regulatory action: RBI to banks

RBI Deputy Governor Swaminathan J has asked banks to follow KYC guidelines with both "precision and empathy", failing which regulatory actions will be taken against them by the central bank.......

Banks Bound To Honour Bearer Cheque

The National Commission held that any individual possessing a bearer instrument is legally entitled to encash it, and the bank is bound to honour such an instrument when it is presented for......

Banks' Digital Push Risks Customers' Safety

We as customers have to be conscious and careful to sidestep numerous types of frauds made possible under a mindless shift to a digital ecosystem without customer-redress procedures, warns Debashis......

Portal for info on unclaimed bank deposits to be ready in 3-4 months: RBI

Reserve Bank of India on Thursday said a centralised portal would be ready in three to four months wherein depositors and beneficiaries can access details of unclaimed deposits across various......

Review: Mr. Marumakan is crude

Paresh C Palicha feels Mr. Marumakan is a typical Dileep filmWe have many a battle royale between a mother-in-law and son-in-law on the big screen so we can guess the template when we hear the......

BCCI set for major changes at AGM, president may no longer approve team

IMAGE: BCCI president Shashank Manohar, left, with secretary Anurag Thakur. Photograph: PTI As a follow-up to the views expressed by Shashank Manohar soon after being re-elected as BCCI president......

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