Banking Frauds and Cheating by R. R. Beedu

BCSBI Code of Customer rights, which sets standards of banking practices banks to follow provides protection to customers and explains how banks are expected to deal with customers BCSBI introduced very recently a new code on electronic frauds. Many staff are forced to oblige the higher-ups or influential people in sanctioning the facilities. Banking industry of India is facing a variety of financial and banking frauds.