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

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

ATHENS, - A Greek Ombudsman has recommended disciplinary action against eight coastguard officers for alleged dereliction of ...

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 ...

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

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

UPI processed 172 billion transactions worth more than Rs 245 lakh crore and accounted for 83 percent of all digital ...

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 ...

Reserve Bank of India (RBI) has slapped a penalty of Rs5.96 crore on Jammu and Kashmir Bank Ltd (J&K Bank), Canara Bank, Bank ...

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

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

The Reserve Bank’s Integrated Ombudsman Scheme saw a staggering 32.81 per cent surge in complaints from banking customers, ...