Tag: Unauthorised e-Banking Transactions

Zero-Limited or Maximum Liability of Customers in Unauthorised e-Banking Transaction-RBI Revised Directions

Zero-Limited or Maximum Liability of Customers in Unauthorised e-Banking Transaction. Banks may waive any liability even in cases of customer negligence-RBI Revised Directions Reserve Bank of India Customer Protection–Limiting Liability of Customers in Unauthorised Electronic Banking Transactions RBI/2017-18/15 DBR.No.Leg.BC.78/09.07.005/2017-18 July 6, 2017 All Scheduled Commercial Banks (including RRBs) …