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 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......
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......
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......
The Modi government on Thursday constituted an eight-member search committee, to be headed by former Supreme Court judge Justice Ranjana Prakash Desai, to recommend the chairperson and members of......
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.......
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......
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......
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......
The New Delhi office of Banking Ombudsman received 2,512 credit card related complaints between July 1, 2008 and June 30, 2009, the government informed Rajya Sabha. At the same time there were few......
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......