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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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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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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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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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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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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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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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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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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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RBI ready to bring card tokenisation norms into effect from October 1

Several people were cheated in the last few years by cyber frauds because they have stored their…

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ONDC is a population-scale initiative to democratize e-commerce: JM Financial

JM Financial Institutional Securities Ltd. has released its report on Open Network for Digital Comm…

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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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One in two Indians face extortion and data misuse thanks to instant loan apps

More than one in two Indian consumers who use instant loan apps are facing very high interest charg…

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India will soon have an ‘ombudsman’ to address consumer complaints about digital payments

India has witnessed a dramatic increase in the use of e-wallets and digital payments transactions o…