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UNFAIR BANKING PRACTICES
Man booked 11 shops for Rs 25 lakh in Mumbai in 1995 but didn't get possession even after 30 years; he fights back and wins full refund with 12% interest- Sebi rejects Anil Ambani's Reliance Infra settlement application
- Consumer court asks builder to return money taken from buyer after failing to deliver the project
- How a Rs 5 dispute ended Indian Railways paying Rs 10,000 as compensationIndian Railways must refund five rupees to a passenger. The railways also have to pay ten thousand rupees in costs. This follows a consumer...17 Jun, 2026, 02.33 PM IST
- CCI approves Kedaara Capital's Rs 750 crore stake purchase proposal in Axis FinanceIndia's competition watchdog has given the green light for Kedaara Capital to invest Rs 750 crore in Axis Finance. This marks a significant...16 Jun, 2026, 06.28 PM IST
- US ban on Anthropic's Fable 5 & Mythos 5 to put Indian IT services firms at competitive disadvantageUS restrictions on foreign access to Anthropic's advanced AI models, Mythos and Fable 5, are creating a significant competitive disadvantag...14 Jun, 2026, 01.08 PM IST
- SBI paid extra pension by mistake, then recovered it; court orders Rs 3.6 lakh refund with interestA Delhi widow, solely reliant on her family pension, has been granted relief by the High Court after the State Bank of India made erroneous...29 May, 2026, 04.16 PM IST
- China says EU using trade data selectively to justify import curbs, warns of responseChina has voiced strong objections to the EU's application of trade data, suggesting a skewed portrayal. While the European Union weighs po...28 May, 2026, 05.28 PM IST
- Fuelled by lending boom, DPDzero bets big on AI-led debt recoveryAs India’s unsecured lending boom accelerates, collections are emerging as the next major battleground for fintechs and lenders.27 May, 2026, 01.06 PM IST
- Can you be fired from job despite achieving your annual target? Know what the labour law saysMeeting annual targets doesn't guarantee job security in the private sector. Labour laws, particularly the Industrial Disputes Act, offer p...11 May, 2026, 11.55 AM IST
- Life feeling unfair? This Karnataka boy lost his father early, walked miles for education, studied by a lamp, & still built a legacy India will never forgetSir M. Visvesvaraya's journey from humble beginnings in Muddenahalli to becoming a renowned engineer and statesman exemplifies patience and...08 May, 2026, 12.23 AM IST
- 10 years after credit card was closed, bank sent legal notice demanding Rs 33 lakh; cardholder fights back and wins Rs 5 lakh compensationA decade after closing his credit card and receiving confirmation, a customer was shocked to receive a Rs 33 lakh demand notice from his ba...20 Mar, 2026, 05.54 PM IST
- Big relief for thousands of Australians hit by excess bank charges: $60 million refund to be released as ASIC cracks the whipThe Australian Securities and Investments Commission is acting against banks. This is regarding unfair charges. Thousands of customers face...29 Jul, 2025, 12.53 PM IST
- Sebi shares Jane Street probe details with SECThe US SEC has requested details from SEBI regarding the Jane Street probe, focusing on alleged derivatives market manipulation. SEBI has r...23 Jul, 2025, 12.02 PM IST
- 4 ways banks are overcharging borrowers on loan interest rates, as per RBIDate for interest charging by banks: The Reserve Bank of India did onsite review of banks and other financial institutions to check how len...30 Apr, 2024, 10.52 AM IST
- RBI directs lenders to review their lending practices in line with fair practice codeSome lenders are resorting to certain unfair practices in charging interest rates such as charged interest on loans from the date of sancti...30 Apr, 2024, 01.14 AM IST
- Borrowers don't have to be told individually about change in rates: Consumer courtThe national consumer court has ruled that banks are not required to inform each borrower individually about any automatic change in intere...12 Dec, 2022, 11.14 AM IST
- Customer complaints against banks surge 25% to 1.63 L in FY18The country's largest lender SBI led the complaint list with close to 47,000 plaints, while HDFC Bank led among the private sector lenders ...24 Apr, 2019, 10.00 PM IST
- Consumer forum fines Barclays bank for unfair trade practicesThe forum said the bank had a malafide intention when it converted Rs 10,000 into 12 EMIs inspite of one-time payment.07 Nov, 2016, 04.47 PM IST
- CCI probes alleged unfair practices in stem cell marketSources said that Competition Commission of India (CCI) is looking into allegations of unfair market practices among hospitals and stem cel...09 Dec, 2012, 11.26 AM IST
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