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RBI to Review Customer Service Standards in Banks, NBFCs

The Reserve Bank of India (RBI) constituted a six-member committee to examine and review customer services in banks, non-banking financial companies (NBFCs) and payment operators to protect interests of customers. ....

Rajeshrin Varhadi , Amitha Sehgal , Kumar Sharma , India Bank Depositors , Indian Bank , University Of Mumbai , Punjab National Bank , Research In Banking , Institute For Development , Reserve Bank , Punjab National , All India Bank Depositors , Anil Kumar Sharma , Mutual Fund Returns , Ank Fixed Deposits , Nvestor Returns , Ortfolio Allocation ,

'Depositors reeling under the impact of interest rate cuts' - The Hindu BusinessLine


‘Depositors reeling under the impact of interest rate cuts’
January 24, 2021
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The All India Bank Depositors’ Association (AIBDA) has told the Reserve Bank of India (RBI) that depositors are reeling under the impact of interest rate cuts and that there are no compelling reasons for it to reduce the repo rate.
In its pre-monetary policy representation to the RBI Governor Shaktikanta Das, AIBDA also underscored the charges imposed for debit card use when transactions are declined at ATM or POS due to insufficient funds in the account should be rationalised.
Further, the association requested the RBI to review its extant instructions to Payment Aggregators (PAs) and Payment Gateways (PGs) to ensure that these are not exploited by these entities to engage in profiteering. ....

Sunils Bhandare , Amitha Sehgal , Shaktikanta Das , India Bank Depositor Association , Our Bureau , Monetary Poilcy Committee , Service Tax , Cheque Electronic Clearing Service , National Payments Corporation Of India , All India Bank Depositor Association , Reserve Bank , Payment Aggregators , Payment Gateways , State Bank , Honorary Secretary , Electronic Clearing Service , National Payments Corporation , சுனில்ஸ் பண்டரே , அமிதா சேகல் , இந்தியா வங்கி வைப்புத்தொகை சங்கம் , அவர் பணியகம் , சேவை வரி , காசோலை மின்னணு அழித்தல் சேவை , தேசிய கொடுப்பனவுகள் நிறுவனம் ஆஃப் இந்தியா , அனைத்தும் இந்தியா வங்கி வைப்புத்தொகை சங்கம் , இருப்பு வங்கி ,