Interested to Buy Any Domain ? << Click Here >> for more details...
To maintain the secrecy of the affairs of a customer is
obligatory on the part of the bank, but sometime it may
not be considered essential. Discuss.
- 2 Answers
- 5410 Views
- NBP, I also Faced
- E-Mail Answers
Answer Posted / sashwat ghosh
Maintaining customer secrecy is necessary otherwise
sensitive information can be leaked and thus can cause
financial loss to the customer by fraudsters....
Although at time to comply with RBI/Govt. directions its
becomes mandatory to disclose customer information to
RBI/Govt. Such directions are issued to regulate fraudalent
transaction done through dummy accounts....
| Is This Answer Correct ? | 7 Yes | 0 No |
Post New Answer View All Answers
What is SEBI? What is a Share? Why it is issued?
Define the terms- underwriting, sales, agent.
What is goodwill? How does it affect net income?
Do you know the currency of different countries?
What do you mean by term Usury?
Will Donald Trump's Presidential Election affect the Indian economy?
What are the different types of expenditures used in accounting?
What idea do you have about the Union Budget 2017?
Do you have an aptitude test for new entrants I would like to take one
What is Company Limited by Guarantee?
What is the major functions of any bank?
What do you know about E- commerce?
What were the issues which were demonstrated in the G - 8 summits recently and are drawing huge attention?
Give few ways of 'money laundering'?
Name a few poverty eradication schemes of govt. Of india.
