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Axis Bank credit card holders notice fraud transactions: How to block Axis Bank credit card, get money back

Axis Bank credit cards: Many Axis Bank credit card customers have taken to social media to complain about fraudulent activities they have noticed. Here is how to block your Axis Bank credit card, and file a complaint.

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RBI Ombudsman Sees 68% Rise In Complaints In FY23

RBI Ombudsman Sees 68% Rise In Complaints In FY23
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India , Processing-centre , Reserve-bank , Integrated-ombudsman-scheme , Centralised-receipt ,

RBI to improve grievances redressal mechanism: Ombudsman

RBI to improve grievances redressal mechanism: Ombudsman
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India , Jammu , Jammu-and-kashmir , Udhampur , Ladakh , Ramesh-chand , Zonal-heads-of-state-bank , Jk-bank , Reserve-bank , Integrated-ombudsman-scheme , Zonal-heads , State-bank

Have a complaint against a bank or an NBFC? Here's how you can resolve it

An aggrieved customer has to start by filing a written complaint with the regulated entity (RE), such as a bank or non-banking finance company. If the complaint is rejected by the RE, it is automatically sent to the Internal Ombudsman of the RE. Thereafter, if the customer wants, he/she can reach out to the RBI Ombudsman for relief.

India , Processing-centre , Regulated-entities , Integrated-ombudsman-scheme , Ombudsman-schemes , Internal-ombudsman , Centralised-receipt , Processing-centre- , Reserve-bank , Rbi , Mbudsman

Budget 2024: FISME seeks reforms to increase access to finance for MSMEs, highlighting alleged anti-competitive practices by banks

Budget 2024: FISME seeks reforms to increase access to finance for MSMEs, highlighting alleged anti-competitive practices by banks
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India , Nirmala-sitharaman , Small-enterprises , Bank-loan-rating , Office-of-banking-ombudsman , Small-medium-enterprises , Federation-of-indian , Indian-micro , Medium-enterprises , Finance-minister-nirmala-sitharaman , Banking-ombudsman , Scheduled-commercial-banks

Loans & advances and deposits related grievances surge in FY23: RBI

Loans & advances and deposits related grievances surge in FY23: RBI
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India , Linkedin , Facebook , Processing-centre , Twitter , Reserve-bank , India-ombudsman , Integrated-ombudsman-scheme , Centralised-receipt , Fair-practice-code , Banking-codes

RBI's new directive for credit institutions: Pay Rs 100 compensation for each day of delay in complaint redressal

Any discrepancies in these reports can severely impact an individual’s borrowing capability. Therefore, swift and effective resolution of complaints is crucial

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How RBI's Integrated Ombudsman Scheme Resolves Customers' Complaints? 10 Things to Know

RBI’s Integrated Ombudsman Scheme: Another significant thing to note is that the scheme adopts ‘One Nation One Ombudsman’ approach, which means that customers can file complaints from anywhere in India and they will be handled by the nearest ombudsman office.

India , New-delhi , Delhi , Banking-financial-companies-nbfcs , Appellate-authority , Banking-financial-companies , Credit-information-companies , Ombudsman-scheme-resolves-customer , Ombudsman-scheme , One-nation-ombudsman- , Reserve-bank

Death claims: How some banks still pose hurdles

The regulatory regime lacks adequate mechanism to prevent such occurrences, perhaps due to lack of accountability and levy of penalties.

India , Sri-ganganagar , Rajasthan , Lima , Peru , New-york , United-states , Indian-banking-association , Integrated-ombudsman-scheme , Bank , Nominee