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PNB told to compensate online fraud victim

Taking cognisance of the misuse of technology in committing fraud, Punjab National Bank has been directed by the Ombudsman to return over Rs. 7 lakh with interest to a victim.In its recent......
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RBI concerned over cases against bank staff in Maharashtra

The banking regulator has hit out at the Maharashtra Government for initiating criminal proceedings against bank officials for allegedly failing to... ...
'Forex reserves reasonable to deal with situation around Greece crisis'

Foreign exchange reserves are reasonable to deal with the current market situation surrounding the Greece crisis, according to the Reserve Bank of... ...
Consumer redress in Digital India

Stories of bank accounts being hacked and money being stolen are common. But bank customers duped in such online frauds often find there is no easy... ...
Hurt by the locker

By: Satyanarayan Iyer FIXED DEPOSITS, INSURANCE BECOME SNEAKY BY-PRODUCTS OF A SIMPLE FACILITY Compelled by pressure to sell financial products,... ...

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