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NAYANMONI   18 August 2017

Sharing personal details

Dear Sir/Madam, i want to know whether any commercial bank in india share cutomer data like loan details, bank statement etc.. with another bank? Do they have such right?



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 4 Replies

Siddharth Srivastava (Advocate)     18 August 2017

Legally no but illegally yes.

Kumar Doab (FIN)     18 August 2017

Bank are liable to maintain secrecy.............

Kumar Doab (FIN)     18 August 2017

The borrowing by a customer can be viewed by banks/authorised officials of bank while processing say: loan application etc for credit worthiness............

NAYANMONI   24 August 2017

It means a customers personal information can legally be accessed by another bank other than his/her home branch? i mean ICICI bank can legally access any SBI customers details without the consent of that particular customer?


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