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UK FINANCIAL OMBUDSMAN
NRI term plans are 20–50% cheaper in India: Check this before buyingNRIs can purchase term insurance in India to financially secure their families back home, with simplified processes and lower premiums comp...- Mastercard to settle UK overcharging lawsuit for £200 millionThe credit card provider was facing a lawsuit worth at least £10 billion - which would have made it the largest-ever claim of its kind. The...
- TCS net profit rises 5.2% in Q1, misses estimatesTop executives termed the first quarter of fiscal 2023 as "challenging" from the point of view of rising costs due, in large part, to risin...
- Technology to push investments globally for many more years: TCS chief Rajesh GopinathanCyber security, building resilient supply chains, data protection to drive spends: Gopinathan
- TCS wins digital transformation deal from UK Financial Ombudsman ServiceTCS will also develop and maintain a complaint management and reporting system to enhance the Ombudsman’s public service offering and organ...
- Welcome to Britain, the bank scam capital of the worldThe country is the global epicentre for such attacks, according to five of the biggest British banks and more than a dozen security experts...
- Cryptocurrency Hyper Fund under government scannerSources said Hyper Fund, a DEFI by Hyper Tech Group has come under the radar recently. The Group claims to have launched the Hyper Fund to ...
- SGX Nifty up 52 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 52 points, or 0.36 per cent, higher at 14,584.50 in signs that Dalal Street was headed for a...
- UK Supreme Court enables $18.5 bln class action against MastercardThe judgment dismisses an appeal by Mastercard, sets the scene for Britain's first mass consumer claim brought under a new legal regime and...
- No claimants for dormant Swiss accounts of Indians; some may get liquidated soonA dozen dormant Swiss bank accounts linked to Indians are unclaimed and may soon be liquidated.
- Insurers have too much say in picking ombudsmen“Insurance companies should have no role in the selection and administration of the insurance ombudsman…
- No claimants for Rs 300 crore lying in India-linked dormant Swiss bank accountsFunds parked by Indians with Swiss banks rose to about Rs 7,000 cr in 2017, revealed latest SNB data.
- IPO: MCX fixes price band at Rs 860 to Rs 1,032 per shareIt would be the first exchange in India to go public, putting the country on par with other markets like US, UK, Japan, Australia, Singapor...
- DGCA likely to get a complete makeover and regulate airfares and appoint ombudsmen, to be renamed CAAThe revamped DGCA, which is going to be called Civil Aviation Authority, would have an appellate tribunal, which will hear appeals against ...
- RBI-constituted panel proposes new law to make banks more accountable to customersA team of senior bankers, set up by the Reserve Bank of India, has recommended a new law that will make banks more accountable and give gre...
- Query Corner: InsuranceI own two cars, a Wagon R and a Honda City. A couple of months ago my Honda City met with an accident, which resulted in an insurance claim...
- Do recovery agents scare you? Move ombudsmanRBI stated in its annual policy statement that customers can lodge complaints against banks, which don’t comply with the fair practices.
- Lest debt do 'em part: Banks plan credit counsellingRBI asks banks to team up for Common Advisory Centres. Typically, these centres conduct one-on-one sessions with financially-distressed bor...
- Quasi regulator as friendly bankerThe entry of private and foreign players in the banking industry may have increased competition in the sector and led to improved services ...
- Banks under the scanner on client complaintsIndia's bank customers who often complain of shoddy treatment by the neighbourhood banks will soon get some succour.
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