NEW DELHI : Mumbai-based Yateen Kahate applied for Axis Bank's Magnus credit card in July 2023. Two months later, the bank ...

The RBI's annual report for the Integrated Ombudsman Scheme reveals that 934,355 complaints were filed against lenders in ...

Complaints by customers of banks and other financial entities under the Reserve Bank – Integrated Ombudsman Scheme (RB-IOS), ...

The Reserve Bank of India (RBI) resolved 95 per cent of complaints received under the Reserve Bank-Integrated Ombudsman ...

The RBI Ombudsman Scheme disposed of 95.1% of complaints received in FY24, with a focus on digital grievance redress and ...

Complaints against banks and NBFCs surged by about a third in FY24 as the RBI focused on improving consumer grievance ...

The RBI reported that its ombudsman resolved 95.1% of the 9,34,355 complaints received in FY 2023-24. Majority of the ...

The annual report indicates a substantial increase of 32.81 percent in banking customer complaints compared to the previous fiscal year. Of the maintainable complaints, 57.07 percent were resolved ...

Integrated Ombudsman Scheme (RB-IOS) witnessed a substantial rise in complaints during FY24, underlining the increasing ...

The Supreme Court of India ruled that private entities performing public functions fall under the writ jurisdiction of High Courts and the Supreme Court. However, it clarified that private banking ...