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Supreme Court directs RBI to frame new bank locker rules within six months


Supreme Court directs RBI to frame new bank locker rules within six months
The judgment came on an appeal filed by Kolkata resident Amitabha Dasgupta against an order of National Consumer Disputes Redressal Commission.
(Image Source: File/Agency)
Updated: Feb 19, 2021, 11:27 PM IST
The Supreme Court of India on Friday directed the Reserve Bank of India (RBI) to lay down new regulations on the locker facility management within six months, mandating the steps to be taken by banks across the country. A bench comprising Justices Mohan M Shantanagoudar and Vineet Saran said that each bank is following its own set of procedures and there is no uniformity in the rules. ....

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