Search Results for: bank fraud

There have been so far many awards from Adjudicators in different states  in which Bankers have been held liable for frauds such as “Phishing”. Starting with the S Umshankar Vs ICICI Bank award in 2010, adjudicators in Mumbai, Gujarat, Telengana … Continue reading →

In all cases of Banking frauds involving “Unauthorized Access”, Banks have been putting across various arguments to shift the blame entirely on the customers. We had reported a recent incident where HDFC Bank had tried to bully a customer for … Continue reading →

At one time, Bankers were considered trusted individuals and respected in the community. But with the advent of technology, Bankers of the older generation receded into the background and technologists came into the Banking profession. Today Technologists have become Bankers … Continue reading →

Today, I have received a new proposal on phone from a person representing A2H health services stating that he is speaking on behalf of Citi Bank and extending the service I am presently using with them. The details of the … Continue reading →

The adjudication complaint of S Umashankar Vs ICICI Bank was a historic case in which the Adjudicator of Tamil Nadu, Mr PWC Davidar held that ICICI Bank is liable for negligence despite the phishing mail having been answered by the … Continue reading →

ICICI bank which has been a leading Bank in India adopting to innovative Cyber Banking in India is also in the forefront of incidents in which customers have lost money because of the negligent manner in which security of the … Continue reading →