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Banking Ombudsmen

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Just who is an Ombudsman?

Many a times when you might have had issues with some service such as insurance, banking, et cetera, you might come across the term 'Ombudsman' while trying to ensure the redressal of your......

The futility of real estate predictions

In opaque, complicated markets like real estate, its best to stay away from generalisations, says Manish Shah.Among the trickiest predictions to make is which way the property market will go.......

No more pre-payment charges on home loans

Providing relief to home loan borrowers, the Reserve Bank on Tuesday asked banks not to levy any penalty on pre-payment of loans taken on floating rate."Though many banks have, in the recent past,......

Prepayment penalty on home loans to be scrapped

Borrowers wanting to prepay home loans can look forward to some relief as RBI on Tuesday indicated that it would scrap prepayment penalties charged by banks. "It is proposed to implement the......

Government, board mull buyer for Maytas

Many companies have shown interest in a strategic buy of Maytas Properties, one of the three in the erstwhile, scam-hit, Satyam group."We are talking to many people (for a strategic sale). Many......
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Banks gearing up to appoint internal ombudsman

Soon, customers will be able to get their grievances related to banking services redressed at the bank level itself. This follows the RBI directive... ...

http://www.thehindubusinessline.com/industry-and-economy/banking/banks-gearing-up-to-appoint-internal-ombudsman/article7271708.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
Daily ordeal of students abroad

When she first arrived in Australia, 19-year-old Gurwinder Kaur felt a gush of emotions. Ecstatic, anxious, excited and apprehensive, she arrived... ...

http://timesofindia.indiatimes.com/nri/other-news/Daily-ordeal-of-students-abroad/articleshow/47147078.cms
Credit card disputes? Here is how to take it up

Rising credit card use also leads to increase in disputes over credit card charges. RBI has put in place a system to resolve disputes. Adhil... ...

http://www.moneycontrol.com/news/credit-cards/credit-card-disputes-here-is-how-to-take-it-up_1340544.html
Bad loans hit banks as infra projects falter

Bad loans are piling up in Indian banks, mainly driven by loans taken by infrastructure and mining sector companies whose projects are stalled or... ...

http://timesofindia.feedsportal.com/c/33039/f/533916/s/45c198b0/sc/24/l/0Ltimesofindia0Bindiatimes0N0Cindia0CBad0Eloans0Ehit0Ebanks0Eas0Einfra0Eprojects0Efalter0Carticleshow0C470A634980Bcms/story01.htm
Regulators need to be more Captain Kirk than Mr Spock

Over the past one year, Ive spoken to various groups of people in the policymaking and regulatory space on consumer protection in the financial... ...

http://www.livemint.com/Money/3u0D0IH8pt6x99eKeh9ieK/Regulators-need-to-be-more-Captain-Kirk-than-Mr-Spock.html

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