Live Breaking News & Updates on Closing Complaints

Coming down heavily on the banking ombudsman (BO) of the Reserve Bank of India (RBI), the Delhi high court (HC) says the BO, a quasi-judicial body, is reasonably expected to pass a well-reasoned order, and any empty formality deserves to be weeded out. While setting aside three orders of BO, the HC remitted the matter back to the ombudsman for fresh consideration. ....

Madhya Pradesh , Justice Kaurav , Justice Purushaindra Kumar Kaurav , Sucheta Dalal , Torrent Power Ltd , Mb Power Madhya Pradesh Ltd , India Ltd , Bank Ltd , Reserve Bank , Torrent Power , Ombudsman Scheme , Post Office Regulators , Closing Complaints , Mutual Fund Returns , Ank Fixed Deposits , Nvestor Returns , Ortfolio Allocation ,