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Search Results for: bank
Banking Ombudsman Scheme Amended…and scope expanded
For quite some time the RBI’s Banking Ombudsman Scheme has been defunct since the scope of the scheme has been interpreted by the Ombudsman as very limited. In most cases, Ombudsman have the habit of not only rejecting the complaints … Continue reading
Posted in Cyber Law
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Banks may become liable under Section 65 and 67C in Fraud cases..
I refer to the discussions we had in the case of the Phishing fraud at Musiri Branch of State Bank of India where I tried to provide some guidance to the Customer on what sort of complaint he has to … Continue reading
Posted in Cyber Law
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Banks want their negligence to be underwritten by the Customers. Do you agree Mr Urjit Patel?
Yesterday, I highlighted the plight of a customer of State Bank of India Musiri branch in Tamil Nadu who lost Rs 49773/- through a fraud. We can recall here the decision of the Adjudicator of Tamil Nadu in the case of … Continue reading
Posted in Cyber Law
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Calling attention of Branch Manager, State Bank of India, Musiri Branch, Tamil Nadu
This is an open letter to The Manager, State Bank of India, Musiri Branch, Tiruchirapalli Branch, Tamil Nadu. Dear Sir I am informed that on June 7th 2017, 5 fraudulent withdrawals have been made from one of the customer’s of … Continue reading
Posted in Cyber Law
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Customers of State Bank of India Beware… Your risks have gone up!
On the International Women’s Day, the Board of SBI has just announced what could be considered as an unwise move to allow women workers to work from home for one year. (As per news reports) Is this a goodwill move … Continue reading
Posted in Cyber Law
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“Banks to report security breaches in two hours?”..Is it a Joke? or Fake News?
A report in the times group of papers today, it was stated that the Government has mandated that Banks need to report “Breaches” in their systems within 2 hours to the Government. TOI in its article titled “Government asks banks … Continue reading
Posted in Cyber Law
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