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'India has adequate forex to manage challenges'

India has reasonable level of foreign exchange reserves to deal with the current market situation, according to Reserve Bank of India Deputy Governor S S Mundra. Speaking to reporters on the......

Victim of online fraud? Here's what you can do

Consumer rights activists say even with limited resources, it is not possible for customers to take on banks and prove they are at fault. An employee uses a computer mouse inside an office.......

RBI plans radical overhaul of customer protection norms

In measures aimed at protecting banking consumers, the Reserve Bank is in the process of formulating strict guidelines to discourage lenders from mis-selling and to hold them accountable for all......

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......

RBI focuses on better customer service

'Prevention is better than cure' seems to be the focal point of the latest action points of the Reserve Bank of India (RBI) in the Annual Conference of Banking Ombudsman. So, the apex bank is......
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Complaints by banking customers increased 11.2 per cent during fiscal year 2014-15, according to Reserve Bank of India. The number of complaints... ...

The Reserve Bank of India, today, released the Annual Report of the Banking Ombudsman Scheme for the year 2014-2015 . The Banking Ombudsman Scheme... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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