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BANK DEFICIENCY IN SERVICE
Bank of India ordered to pay Rs 15,000 to Kerala man after delay in releasing deceased wife's savingsA Kerala consumer commission ordered Bank of India to pay compensation. The bank delayed releasing a deceased woman's savings to her elderl...- EPFO told to pay 6% interest on Rs 14 lakh PF claim after 35-day delay: What consumer commission saidThe Mumbai consumer commission ruled against the EPFO, citing service deficiency linked to inadequate communication regarding a joint decla...
- Customer books Bali tour but it gets cancelled due to Covid; after pandemic, travel agency keeps rescheduling it, court awards him Rs 1.12 lakh payoutA Kerala consumer commission ordered a travel agency to refund Rs 82,500. The agency failed to conduct a Bali tour or return the money for ...
- Ather & Ola Electric: A tale of two contrasting ridesAther Energy's stock price has significantly increased since its IPO. Ola Electric's shares are currently trading below their initial publi...
- Which stocks should you buy ahead of the festive season? Here are Kotak Securities’ top 10 picksIndia’s festive season is expected to drive a strong consumption boost, with analysts identifying sectors and stocks that could benefit. Th...
- Pledged gold jewellery stolen in bank robbery: Will bank repay full gold value, including making charges? Consumer commission answersA man from Tumkur in Karnataka opened 2 gold loan accounts at a Canara Bank branch by pledging 2 items of gold each under both, in August 2...
- Deceased father's Rs 2 lakh PMSBY insurance payout denied after his name and age mismatched in records; son fought in consumer commission and won Rs 2.5 lakhA deceased father's Rs 2 lakh PMSBY insurance claim, rejected by the insurer over mismatched name and age records, has been upheld by the C...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%Market breadth is important, especially at this point of time. It is a better indicator of both underlying sentiment and what is likely in ...
- Man cleared Rs 45,000 credit card due in 12 EMIs, yet Kotak Mahindra Bank showed Rs 19,000 unpaid and threatened him; bank ordered to withdraw dues and pay Rs 1.5 lakhKotak Mahindra Bank has been ordered to pay Rs 1.5 lakh in compensation after the Delhi State Consumer Disputes Redressal Commission found ...
- Man found Rs 1.3 lakh missing from SBI bank account: Rs 80,000 ATM withdrawal, Rs 50,000 transfer made without his authorisation; consumer court upholds Rs 1.3 lakh refundA man's SBI bank account was drained of Rs 1.3 lakh through four unauthorised ATM withdrawals and two transfers he says he never made. SBI ...
- Woman took a home loan at 12% interest, but Citi Bank charged up to 16.5% and recovered Rs 12.9 lakh extra; consumer commission orders refund and Rs 1 lakh compensationCiti Bank has been ordered to refund Rs 12,91,248 to a home loan borrower after the Delhi State Consumer Disputes Redressal Commission foun...
- Ola Electric ordered to pay Rs 25,000 compensation, refund Rs 1.03 lakh to Kerala man over faulty scooterA Kerala consumer commission found Ola Electric guilty of service deficiency and unfair trade practices. The commission ordered Ola Electri...
- Amazon ordered to pay Rs 10,000 after customer cancels mattress order, but fails to get Rs 8,000 refund; here's whyA customer who cancelled an Amazon mattress order after it went undelivered and was assured a refund through the app never received the mon...
- NBFC gold loans continue near 70% growth, reach Rs 3.41 lakh crore in June: RBINon-banking financial companies saw gold-backed lending grow nearly seventy percent year-on-year. This strong expansion continued into June...
- Money debited but cash not received from ATM: Consumer Commission ordered bank to pay Rs 15,000 compensation; here's why customer wonA Kozhikode consumer commission has ordered Union Bank of India to refund Rs 10,000 and pay Rs 5,000 in compensation to a customer who said...
- Nagpur woman loses Rs 6.93 lakh in online scam, files complaint against bank, wins back money with 9% interest and additional Rs 35000A Nagpur woman who lost Rs 6.93 lakh in a FedEx parcel scam won a consumer court case against ICICI Bank. The commission ordered the bank t...
- RBI MPC Meeting 2026: Central bank flags a threat for Indian agriculture warming up in the PacificThe RBI has flagged El Niño and an uneven southwest monsoon as key risks to agriculture, rural demand and the broader economy, despite cutt...
- RBI's rate, GDP and inflation verdicts also come with some stark warnings2026 RBI MPC Meeting: The Reserve Bank of India maintained its repo rate at 5.25 percent on Wednesday. This decision marks the fourth conse...
- RBI GDP Growth 2026-27: Malhotra & Co lift FY27 GDP forecast to 6.7% from 6.6% on growth resilienceRBI GDP Growth 2026: The Reserve Bank of India raised its FY27 GDP growth forecast to 6.7 percent. It kept the policy repo rate unchanged a...
- RBI MPC Meeting at a Glance: Your one-stop guide for all key decisionsRBI MPC Meeting at a Glance: The Reserve Bank of India has decided to uphold its policy repo rate at 5.25 percent, a choice made after cons...
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