Published: Nov 02, 2016, 06:57 IST | Updated: Nov 02, 2016, 06:57 IST
World Nov 02, 2016, 06:57 IST
E-Banking Frauds : Who is liable?
E-banking frauds are now on the rise. The question is who really has to bear the ultimate liability if there is a fraudulent transaction? Is it the bank or the end consumer? A RBI draft guideline helps us understand this better.