Search
Complaints Against Banks Increased 25% in FY18, Says Report
April 27, 2019
According to a report compiled by the Reserve Bank of India (RBI), the number of complaints against the banks increased by 25% in FY18. It said that the 21 offices of banking ombudsman received 163,590 complaints in the financial year 2017-18 which is 24.9% higher than the previous year. It also said that most of the complaints were raised against the state-run banks which aren’t surprising as they make for nearly 70% of the entire banking sector.
Important Links:
- MBA from UK University: https://ask.careers/courses/mba-from-uk-university/
- Post Graduate Diploma in Banking & Finance: https://ask.careers/courses/post-graduate-diploma-in-banking-finance/
- Professional Diploma in Banking and Financial Services: https://ask.careers/courses/professional-diploma-in-banking-management/
- Mumbai: https://ask.careers/cities/mumbai/
- TSCFM: https://ask.careers/institutes/tscfm/
