Search For "electronic banking"
RBI to issue draft guidelines for protecting customers from mis-selling, a
Updated : 1 week, 4 days ago IST
Reserve Bank of India Governor Sanjay Malhotra on Friday proposed to issue three draft guidelines for customer protection: one, relating to mis-selling; two, regarding recovery of loans and engagement of recovery agents; and three, on limiting liability of customers in unauthorised electroni
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RBI imposes monetary penalty on Kotak Mahindra Bank
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 4 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed over Rs 1 crore monetary penalty on Kotak Mahindra Bank Limited for non-compliance with certain directions related to customer protection.
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RBI to banks: Ensure customer protection during electronic transactions
Updated : 8 years, 7 months ago IST
Mumbai [India], July 6 (ANI): The Reserve Bank of India (RBI) on Thursday issued a circular to banks across the country to ensure protection of their customers from unauthorized and fraudulent electronic banking transactions.
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