Search Results for: bank

Union Bank and RSA Fiasco

…I pointed out that Union Bank which took over Corporation Bank and Andhra Bank had abandoned the earlier domain names of the two Banks. By doing so, and deciding not… Continue reading

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“Zero Liability” for Bank frauds… Customers need to take some precautions…

…the bank. In cases where the responsibility for the unauthorised electronic banking transaction lies neither with the bank nor with the customer, but lies elsewhere in the system and when… Continue reading

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The Cosmos Bank fraud.. Could better security at NPCI have prevented it?

…place. Subsequently RBI has been warning the Banks to ensure that adequate security measures are taken by the Banks. But at the same time, RBI has been pushing co-operative Banks… Continue reading

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DAV Vs Indian Bank: Supreme Court considers Negligence of Bank and orders compensation

…the judgement a) Negligence on the part of the Bank of having granted Internet Banking facility without request b) Negligence on the part of the Bank in linking the School’s… Continue reading

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Will Axis Bank Explain?

…been reversed immediately on filing of a complaint with the Bank. 2. IDBI Bank cannot absolve itself of its responsibility since they have used Axis Bank as it’s agent and… Continue reading

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What is Negligence of the Customer under RBI’s circular on Limited Customer Liability?

…the same having represented many Cyber Crime victims in Banks against Banks such as ICICI Bank, PNB and Union Bank of India”. Other Banks will not be better since the… Continue reading

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