Customer Protection - Limiting Liability of Customers of Co-operative Banks in Unauthorised Electronic Banking Transactions

Posted Date : 14-Dec-2017 , 05:51:27 pm | Posted By CASANSAAR print

Listen to this Article

0:00

RBI/2017-18/109

DCBR.BPD.(PCB/RCB).Cir.No.06/12.05.001/2017-18

December 14, 2017

The Chief Executive Officer

All Primary (Urban) Co-operative Banks/

All State Co-operative Banks/

All District Central Co-operative Banks

Madam / Dear Sir,

Customer Protection - Limiting Liability of Customers of Co-operative Banks in Unauthorised Electronic Banking Transactions

Please refer to our circular UBD.BSD.I/PCB/No.45/12.05.00/2001-02 dated May 30, 2002 and para 13 of circular RPCD.CO.RCB.BC.No.36/07.51.010/2014-15 dated October 22, 2014 regarding reversal of erroneous debits arising from fraudulent or other transactions.

Category : RBI | Comments : 0 | Hits : 544

Also Read - Strengthening of Grievance Redress Mechanism in Banks - Review

RBI/2025-26/207 CO.CEPD.PRS.No.S1121/13-01-008/2025-2026 February 11, 2026 All Scheduled Commercial Banks (excluding Regional Rural Banks) Madam/ Dear Sir, Strengt...

Also Read - Voluntary Retention Route - Imparting predictability and increasing ease of doing business

RBI/2025-26/205 A.P. (DIR Series) Circular No. 21 February 06, 2026 To All Authorised Dealer Category-I banks Madam / Sir, Voluntary Retention Route – Imparting p...

Also Read - All Agency Banks to remain open for public on March 31, 2026 (Tuesday)

RBI/2025-26/204 DoR.CO.SOG(Leg) No.401/09.08.024/2025-26 February 03, 2026 All Agency Banks Madam / Dear Sir, All Agency Banks to remain open for public on...

Also Read - Reserve Bank of India (Rural Co-operative Banks - Cash Reserve Ratio and Statutory Liquidity Ratio) Amendment Directions, 2026

RBI/2025-26/203 DOR.RET.REC.400/12.01.001/2025-26 January 22, 2026 Reserve Bank of India (Rural Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Amendment Di...

Also Read - Reserve Bank of India (Urban Co-operative Banks -Cash Reserve Ratio and Statutory Liquidity Ratio) Amendment Directions, 2026

RBI/2025-26/202 DOR.RET.REC.399/12.01.001/2025-26 January 22, 2026 Reserve Bank of India (Urban Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Amendment Directions...