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Bombay HC stays action under 2017 RBI Master Circular on 'fraud classification' of bank accounts
In an interim order, Bombay high court on Monday stayed action by Banks under a Master Direction issued by the Reserve Bank of India (RBI) on ‘Frauds classification’ of bank accounts, till September 11, while hearing a clutch of petitions challenging the top bank’s circular.
In an interim order, Bombay high court on Monday stayed action by Banks under a Master Direction issued by the Reserve Bank of India (RBI) on ‘Frauds classification’ of bank accounts, till September 11, while hearing a clutch of petitions challenging the top bank’s circular. 
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