The BCSBI codes do have a requirement for banks to act “fairly and reasonably” towards customers, but in a majority of the cases it appears to amount to little more than sticking to the contracts and agreements customers effectively sign up to when opening accounts or taking a loan. There are certain areas where a tougher more explicit code would be worth considering.
Bundesbank representatives in Mumbai Ladies and gentlemen Our concern for financial stability requires us to cast our net wide and always keep track of the 2/3  BIS central bankers' speeches  latest developments in the most important economies of the world. For the Bundesbank, our representatives and representative offices abroad fulfil an important role in this respect.