New RBI proposals aim to protect bank customers from fraudulent electronic transactions, potentially offering compensation up to ₹50,000 even in cases of customer negligence. The draft regulations propose reimbursement of 85% of the net loss or ₹25,000, whichever is lower, with a lifetime benefit limit. Banks will bear the burden of proof for customer liability in fraud cases.
These stocks defy market volatility, extend rally beyond US-Iran ceasefire
The US-Iran war, which commenced on February 27, caused significant volatility in the equity markets, impacting key benchmarks. By October, the Nifty 50 index exhibited
October 5, 2026