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Bank frauds: Limited liability for customers?

If RBI's recommendations are finalised, it will give more teeth to the existing fair practice code Kumar Karpe, chief executive officer (CEO), TechProcess Payment Services, an electronic payments......

'India has adequate forex to manage challenges'

India has reasonable level of foreign exchange reserves to deal with the current market situation, according to Reserve Bank of India Deputy Governor S S Mundra. Speaking to reporters on the......

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.......

RBI plans radical overhaul of customer protection norms

In measures aimed at protecting banking consumers, the Reserve Bank is in the process of formulating strict guidelines to discourage lenders from mis-selling and to hold them accountable for all......

Prepayment penalty on home loans to be scrapped

Borrowers wanting to prepay home loans can look forward to some relief as RBI on Tuesday indicated that it would scrap prepayment penalties charged by banks. "It is proposed to implement the......
  Web results for Bcsbi
46% increase in complaints related to banking services

The complaints received by the banking ombudsman at Chandigarh have increased by 46% in 2015-16 as compared to previous year. A total of 4,571... ...

http://www.tribuneindia.com/news/business/46-increase-in-complaints-related-to-banking-services/348190.html
Free credit card is a myth

As the regulatory authority, the Reserve Bank of India (RBI) has stepped in to protect the customer by putting in place a framework of rules and... ...

http://www.deccanherald.com/content/588289/free-credit-card-myth.html
Lost your wallet, mobile? These Fintech cos will protect your data

CHENNAI: Ever lost your wallet and your mobile? One would not have the credentials, phone numbers or bank account card details to block cards and... ...

http://economictimes.indiatimes.com/small-biz/startups/lost-your-wallet-mobile-these-fintech-cos-will-protect-your-data/articleshow/56078184.cms
Awareness key in issues like 32 lakh card breach

CHENNAI: Formed in 2006, the Banking Codes and Standard Boards of India (BCSBI) is an independent banking industry watchdog that aims at protecting... ...

http://timesofindia.indiatimes.com/business/india-business/Awareness-key-in-issues-like-32-lakh-card-breach/articleshow/55846124.cms
Be careful while using plastic money!

Over 65% of the Indian population is less than 35 years of age; they are more adept at using paperless payment tools such as cards, net banking and... ...

http://www.deccanherald.com/content/582169/be-careful-while-using-plastic.html

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