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.
Contrarian investing: Fred Kelly’s timeless lessons for winning in the stock market
Fred C. Kelly’s timeless investing philosophy highlights how independent thinking, emotional discipline and understanding crowd psychology can help investors avoid common behavioural traps and make