RBI revises lockers rules: Bank liability limited to 100 times of annual rent


RBI revises lockers rules: Bank liability limited to 100 times of annual rent

The revised instructions will be applicable to both new and existing safe deposit lockers and the safe custody of articles facility with the banks.

“Yes, we lost customer market share in the last 9/10 months, but I am confident that we will regain and grow our customer market share and revenue market share in the time to come. We have the resources and plans in place to further reinforce our pole position in the credit card segment,” HDFC Bank MD Sashidhar Jagdishan said in a letter to employees.


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