-
New locker rules unlock a can of troubles for customers
A model agreement was drafted by the Indian Banks Association but RBI later modified it, whereby the deadline was extended to the last day of the curr
-
Bank Locker: New guidelines by RBI
If your valuables in the bank locker get stolen, catch fire, or get water damaged, the loss will be borne by the bank.
-
Bank lockers: Lock up your worries with additional insurance
While RBI has provided much-needed clarity and transparency to locker allocation process, compensation in events of loss of items leaves a grey area.
-
Bank lockers: RBI issues revised norms
Banks will be required to incorporate a clause in the locker agreement prohibiting the hirer from keeping anything illegal or hazardous in lockers
-
Supreme Court directs RBI to lay down regulations in six months for locker facility management in banks
Moreover, due to rapid gains in technology, "we are now transitioning from dual keyoperated lockers to electronically operated lockers," the top cou
