India's central bank said on Friday it has taken control of the board of New India Co-operative Bank for 12 months, a day ...

Mangaluru: A woman fell victim to a digital arrest scam, losing Rs 14 lakh to fraudsters impersonating law enforcement ...

The Reserve Bank of India (RBI) has directed large non-banking finance companies (NBFCs) to disclose the maximum rates ...

In a world where financial emergencies can strike at any moment, one woman's desperate need for medical funds turned into a ...

NEW DELHI : Mumbai-based Yateen Kahate applied for Axis Bank's Magnus credit card in July 2023. Two months later, the bank ...

according to a new RBI report. In contrast, number of debit cards have remained relatively stable, with a marginal increase from 80.53 crore in December 2019 to slightly more than 99.09 crore in ...

strengthen customer service and grievance redress mechanism, and continue to invest in technology. Further, the RBI chief acknowledged the important role played by the banks in building resilience of ...

This spike reflects drop in customer service standards within the banking sector. These complaints were registered with 24 Offices of the RBI Ombudsman (ORBIOs) and Centralised Receipt and Processing ...

RBI Governor Sanjay Malhotra on Monday flagged ... a pressing concern underscoring the need for concerted action. The mobile number of a customer has emerged as a ubiquitous identifier ...

This significant increase suggests a decline in customer service standards ... registered with 24 Offices of the RBI Ombudsman (ORBIOs) and Centralised Receipt and Processing Centre (CRPC) of the RBI.

Ankur Mahindro, Managing Partner, Kred Jure: "The RBI’s directive to use the Mobile Number Revocation List (MNRL) is a step to ensure that financial institutions update customer records by ...