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There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

Ensure safety of bank customers' lockers: RBI tells banks

CCI, in May, received a complaint alleging cartelisation among banks in respect of providing locker services to...

8 Aug 2017 5:22 PM IST

Globally, gold fell 0.30 per cent to USD 1,244.10 an ounce and silver 0.03 per cent to USD 18.29 an ounce in Singapore.

Banks have no liability for locker theft; how to protect your...

According to RBI, banks are not responsibility for the safety of valuables kept in lockers and will not provide...

26 Jun 2017 1:16 PM IST