Advocates cannot represent complainants before RBI ombudsman, rules Madras High Court
Madras High Court upholds RBI-IOS 2021, prohibiting advocates from representing complainants before ombudsman, citing statutory rights.
RBI News & Updates
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RBI slashes cheque clearing time to a few hours from 1-2 days
The Reserve Bank has revamped the cheque truncation system (CTS), which currently processes cheques with a clearing cycle of up to two working days, to improve
This is so wrong.
Private banks write off loans to make books look good: RBI
MUMBAI: The Reserve Bank of India (RBI) has warned private sector banks against writing off loans to make their books look good. This practice might be masking
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RBI’s Consumer Protection Dept: A Fragile Shield for Bank Customers?
The Reserve Bank of India (RBI) established the consumer education and protection department (CEPD) to safeguard the interests of bank customers and ensure adherence to consumer protection policies. However, recent incidents reveal alarming shortcomings in its operations, leaving countless...
RBI slaps ₹29.6 lakh fine on PNB for customer service lapses - CNBC TV18
Shares of Punjab National Bank ended at a price of ₹99.38, up 0.6%.
