Banks Not Liable For Theft In Lockers, Reveals RBI In RTI Query | Live Law

Banks Not Liable For Theft In Lockers, Reveals RBI In RTI Query | Live Law: An RTI response by the RBI and 19 PSU banks has disclosed that locker hiring agreement between the public sector banks and the customers absolves the banks of any liability for theft or burglary in the lockers. The banks stated in the response that the relationship between the locker hirer and the bank is that …