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SBI Asked To Pay Rs40,000 for Not Blocking Fraudulent Transaction after Consumer Complaint - Vimarsana News

SBI Asked To Pay Rs40,000 for Not Blocking Fraudulent Transaction after Consumer Complaint

Published: April 22, 2023

The Nagpur district consumer disputes redressal commission has directed the State Bank of India (SBI) to pay Rs40,000, including compensation and litigation costs, for failing to block a fraudulent transaction even after receiving a complaint from the customer.

Source: moneylife.in
Related Topics:
Mahendra LimayeUday GupteSubhash AjneChandrika BaisState BankAtul AlsiQuick SupportReserve BankMutual Fund ReturnsAnk Fixed DepositsNvestor ReturnsOrtfolio Allocation
Consumer Forum Asks Karnataka Bank To Release Hold And Allow Customer to Use Undisputed Amount - Vimarsana News

Consumer Forum Asks Karnataka Bank To Release Hold And Allow Customer to Use Undisputed Amount

Published: July 16, 2022

In a significant ruling, the Nagpur District Consumer Disputes Redressal Commission asked Karnataka Bank to allow a complainant to operate his bank account by putting on hold only Rs10,000 till further orders.

Source: moneylife.in
Related Topics:
Andhra PradeshNagpur DistrictSanjay Vasudeo PatilRamanuj SatyanarayanChandrika BaisSubhash AjneMahendra LimayeKarnataka BankNagpur District Consumer Disputes Redressal CommissionMutual Fund ReturnsAnk Fixed DepositsNvestor ReturnsOrtfolio Allocation