Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 2083)
2083.
Which bank limited the Customer liability in Online Banking Services recently?
Karnataka Bank
Dena Bank
South Indian Bank
Reserve Bank of India
Answer: Option
Explanation:
Reserve Bank Of India (RBI) issued directions on 'Customer Protection - Limiting Liability of Customers in unauthorized Electronic Banking Transactions'. If the customers report to the banks regarding the loss they suffer through online banking transactions within three days, then the amount involved will be credited to their accounts within a time period of 10 days.
Discussion:
1 comments Page 1 of 1.

Skmohite said:   7 years ago
It is protection of public right to which is suffer by due to electronic banking transactions is causing some time loss of the genuine transaction. So It is the RBI who take care of the public Right's.

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