Daily Archives: December 8, 2016

RBI may assume financial liability for Card frauds

Posted on December 8, 2016 by Vijayashankar Na

RBI has clarified that any unreturned notes of denominations of Rs 500 and Rs 1000 will remain as unclaimed/claimable liability on their balance sheets but will not be transferred to Government in the form of dividend. It will therefore remain … Continue reading →