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2 mins read

Did you know the RBI Ombudsman received 68% more complaints in FY2023? Here’s how to file your grievance

Recently, the Reserve Bank of India (RBI) reported that the complaints to the Ombudsman have gone u…

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Corp affairs ministry probing Chinese cos linked to loan apps; investigations at advanced stages

The corporate affairs ministry is probing various Chinese companies, especially those with links to…

PTI   


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1 min read

Consumer complaints need to be resolved quickly, says RBI Governor

The central bank governor said he was concerned about rising customer grievances, despite the …

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RBI issues guidelines to trace customers with inoperative accounts, unclaimed deposits

The central bank called for steps to trace the customers of inoperative accounts or unclaimed depos…

ANI   


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SBI warns customers against instant loan apps

The country's largest lender, State Bank of India (SBI) has warned customers against instant loan a…

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Now, NRIs can pay parents' utility bills and children's school fees in India

NRIs can now pay utility bills on behalf of their families in Indi

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4 mins read

Centralised portal to search unclaimed deposits, UPI for credit lines and other key RBI announcements

UPI network to facilitate payments financed by credit from banks, reducing the cost of such offerin…

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3 mins read

RBI bats for borrowers, releases guidelines to prevent lenders from levying penal interest on loan defaults

The Reserve Bank of India (RBI) has released guidelines instructing lending institutions to clearly…

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Complaints to banking ombudsman rise 20% in FY'19: RBI

Mumbai, Dec 17 () Complaints to banking ombudsman rose by nearly 20 per cent to over 1.96 lakh duri…

PTI   


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Govt approves almost ₹90,000 crore as relief package for BSNL

New Delhi, Jun 7 (PTI) The Union Cabinet on Wednesday approved the third revival package for BSNL w…

PTI   


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Customer protection 'guiding light' of revamped microfinance regulations, says RBI deputy governor

Reserve Bank of India’s (RBI) deputy governor M Rajeshwar Rao on Friday outlined several measures i…

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RBI imposes Rs 2.5 crore penalty on Bajaj Finance, Pune

There were also persistent/repeat complaints about recovery and collection methods adopted by…

PTI   


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India’s crypto exchanges are reportedly mulling the legal route again — may approach the Supreme Court over RBI’s directive

But adding banking partners is easier said than done. At the moment, with the lack of any …