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BANK CUSTOMERS COMPENSATION RULES
GST 2.0: From stuck tax credit to fewer disputes, industry chambers list key reform demandsGST 2.0 reforms: Industry chambers are calling for reforms to GST 2.0 during the upcoming GST Council meeting. They seek improvements in in...08 Oct, 2026, 12.25 PM IST- NBFC services to banks will attract 18% GSTThe interest on the underlying loan will remain exempt from GST. The 18% levy will apply to the taxable service supplied by the NBFC to the...08 Oct, 2026, 07.45 AM IST
- Power ministry issues compensation guidelines for transmission line right of wayNew guidelines issued by the power ministry will help establish compensation for landowners affected by interstate transmission lines. Stat...07 Oct, 2026, 11.10 PM IST
- RBI brings new rule for banks to measure risks from derivatives, other such dealingsThe Reserve Bank of India has set a Rs 25,000 crore threshold for banks to adopt new credit risk approaches. Banks with considerable deriva...07 Oct, 2026, 07.47 PM IST
- ASOS hacked? A threatning 'we will leak it' alert has shoppers checking their accounts; is their data at risk and should customers delete the app?An alarming notification appeared through the ASOS app. However, the broader claim behind the message has not been verified. Someone appear...06 Oct, 2026, 04.19 PM IST
- Bank restricted access to matured fixed deposits worth Rs 13.8 lakh, allowed customer to withdraw only Rs 50,000, ordered to pay Rs 14.15 lakhA district consumer commission in Thiruvananthapuram has ordered a cooperative bank to pay a widow over Rs 14.15 lakh after it blocked her ...06 Oct, 2026, 09.24 AM IST
- Silicon Valley companies discuss simpler GST, customs rules with CBICCBIC chairman Vivek Chaturvedi met a delegation led by Shefali Goradia, chairperson, Deloitte, South Asia and the Silicon Valley Tax Direct...06 Oct, 2026, 12.34 AM IST
- Bengaluru homebuyers paid Rs 1.15 crore, waited over 20 years without possession; builder ordered to pay Rs 1.51 crore including full refund with 9% interestBuyers of a stalled Bengaluru housing project moved the National Consumer Disputes Redressal Commission after waiting more than two decades...04 Oct, 2026, 12.38 PM IST
- Man books retiring room through IRCTC by paying Rs 333 for western bathroom, ends up with Indian toilet in the room; court orders Rs 20,000 compensationChandigarh State Consumer Commission increased the compensation for a senior citizen after inadequate toilet facilities were provided. The ...03 Oct, 2026, 07.54 PM IST
- Samsung technician cracked TV display while replacing motherboard, company calls damage outside warranty, Samsung India ordered to pay 19,740A Mumbai consumer commission has ruled against Samsung after its own repair technician cracked a customer's television screen and the compa...03 Oct, 2026, 03.38 PM IST
- Filter problem left a new Rs 11,490 purifier unusable within 4 months, Eureka Forbes denied warranty saying it was not covered, ordered to pay Rs 19,490A Thiruvananthapuram consumer commission ordered Eureka Forbes to pay Rs 19,490 to a customer after his Rs 11,490 water purifier broke down...03 Oct, 2026, 02.08 PM IST
- Man couldn't get his Rs 170 back after stopping milk delivery; court orders dairy to pay nearly 15x the amountA Delhi consumer commission has ordered Sanjeevani Dairy Farms to refund Rs 170 retained in a customer's milk delivery app wallet after he ...02 Oct, 2026, 11.01 AM IST
- RBI asks banks to tackle repeat customer complaints, fix gaps in grievance systemsThe Reserve Bank of India has asked banks to identify systemic, process and operational gaps behind recurring customer complaints and condu...02 Oct, 2026, 12.37 AM IST
- RBI eases bank stake rules, allows one-time approval for MFs, insurers for holdings up to 10%The Reserve Bank of India (RBI) on Thursday finalised its July proposal to simplify bank shareholding rules, allowing eligible mutual funds...01 Oct, 2026, 08.14 PM IST
- Your UPI payment just got a price tag: what it means for GST-registered taxpayersNPCI, which manages UPI, has brought in a merchant discount rate of 0.4% on certain person-to-merchant UPI payments above Rs 2,000.01 Oct, 2026, 03.27 PM IST
- Bank Strike: Will banks remain closed on all Saturdays? Latest update on bank five days working weekBank five days working: The nationwide bank strike planned for September 28–30, 2026, has been deferred after talks between the Indian Bank...28 Sep, 2026, 10.42 AM IST
- IRDAI proposals on insurance’s money machine leads to bloodbath for stocks: What happens to your moneyInsurance premiums may decrease if the Insurance Regulatory and Development Authority of India implements proposed commission changes. Prop...24 Sep, 2026, 04.20 PM IST
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