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About 23 results for "bcsbi"

BCSBI wants lenders to show customer at fault; banks want cust...

MUMBAI: Banks have objected to norms issued by the (BCSBI) over whether customers need to prove their innocence when it comes to electronic fraud or whether it's up to the lenders to prove otherwise. The BCSBI, which seeks to ensure customer ... Economic Times, 2 months ago

How banks flout rules in locker allotments by making customers invest in costly schemes

The RBI is tightening the screws on defaulting borrowers but wrongdoings by banks seem to have escaped its notice. Banks are forcing costly insurance policies on customers who want the locker facility. Posing as customers, ET Wealth reporters ...
 Economic Times4 hours ago

Emerging Issues in Cyber Security in the Financial Sector - Address by Shri G Padmanabhan, Executive Director at the Sri Chithira Thirunal Memorial Lecture Series organised by the State Bank of Travancore, Thiruvananthapuram on Feb 28, 2015

It is not often that one gets an opportunity to deliver the very first lecture of a series organised in memory of a person whom you have known and respected from the childhood. One may have many things to say and eulogise about the Late Highness ...
 Reserve Bank of India1 day ago

Complaints Against Banks Increase, Ombudsman Comes To The Rescue

Compared to last year, there has been an increase of 8.55% in the number of complaints received by RBI's Banking Ombudsman Offices in the year 2013-2014. This was revealed by the Reserve Bank of India, yesterday, as it released the 'Annual Report of ...
 Afternoon Despatch & Courier2 weeks ago Bank customer complaints increased 8.5% last year  The Financial Chronicle2 weeks ago

Reserve Bank of India : releases the Annual Report of the Banking Ombudsman Scheme 2006: 2013-14

R eserve Bank of India releases the Annual Report of the Banking Ombudsman Scheme 2006: 2013-14 Date : 12 Feb 2015 The Reserve Bank of India, today, released the Annual Report of the Banking Ombudsman Scheme for the year 2013-2014 . The ...
 4 Traders2 weeks ago Reserve Bank of India releases the Annual Report of the Banking Ombudsman Scheme 2006: 2013-14  Moneycontrol.com2 weeks ago

Bank to pay NRI couple Rs 40 lakh over unauthorised funds transfer

IT dept holds both bank and complainant responsible for security lapse that led to email hacking The state department of information technology (IT) recently ordered a public sector bank to pay Rs 40 lakh as compensationto two ...
 DNA India4 weeks ago

Get Justice for Online Banking Fraud

Did you know that there is something called Cyber Court where you can complain about online banking frauds and get justice? Nitesh Gupta, a chartered accountant, was having a quiet dinner with his wife at a restaurant sometime in June 2013. He had ...
 Money Life1 month ago Online Frauds? Get fast justice from the Cyber Crime Court  Money Life1 month ago
Times of India

Landmark judgment on cybercrime fines Indian banks and telecom firms for online frauds

Noted cybercrime lawyer Prashant Mali has been able to win a total compensation of Rs 1.06 crore for his customers who have been victims of various online frauds in the past two years More Insights Rajesh Aggarwal, Principal Secretary, ...
 Information Week India1 month ago 6 banks, telecom firm to pay for credit card frauds  Times of India1 month ago Victim of ATM fraud? Banks liable to pay you  DNA India2 months ago

3 banks, cellphone co to pay 25L damages

PUNE: The state department of information technology's Adjudicating Officer (AO) has directed three banks and a cellphone service provider to collectively pay compensation of Rs 25.12 lakh to a city-based partnership firm for failing to provide ...
 Times of India1 month ago
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. Photograph: Gleb Garanich/ Reuters The Reserve Bank of India (RBI) has come up with norms that can give consumers a big relief if they become victims of online fraud. Its Banking Codes and Standard Board of India (BCSBI) has proposed that in case of electronic fraud, the onus will be on banks to prove it ...
 Rediff.com2 months ago
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