Tag Loan

How To Complain About Banking Services Details

The Banking Ombudsman can receive and consider any complaint relating to the following deficiency in banking services (including internet banking):

non-payment or inordinate delay in the payment or collection of cheques, drafts, bills etc.;
non-acceptance, without sufficient cause, of small denomination notes tendered for any purpose, and for charging of commission in respect thereof;
non-acceptance, without sufficient cause, of coins tendered and for charging of commission in respect thereof;
non-payment or delay in payment of inward remittances ;
failure to issue or delay in issue of drafts, pay orders or bankers’ cheques;
non-adherence to prescribed working hours ;
failure to provide or delay in providing a banking facility (other than loans and advances) promised in writing by a bank or its direct selling agents;
delays, non-credit of proceeds to parties accounts, non-payment of deposit or non-observance of the Reserve Bank directives, if any, applicable to rate of interest on deposits in any savings,current or other account maintained with a bank ;
complaints from Non-Resident Indians having accounts in India in relation to their remittances from abroad, deposits and other bank-related matters;
refusal to open deposit accounts without any valid reason for refusal;

Farm Loan Waiver Dismantle CAG

The CAG has pointed out irregularities in the waiver of loans to Agricultural sector.

He points out that the Bureaucrats have siphoned off the money.

Irregularities in Waiving of Agricultural Loans.

1.Those eligble were loan waiver were not considered.

2.Those ineligible were granted loans.

3.Banks have diverted Funds received for the Waiver of the loans to Micro Finance Institutions.

5.Disbursement Accounts were tampered with.

6.The Institutions made false claims for reimbursement from the Government.

7.Monitoring was not effective.

These points were proved with documents.

The the Prime minister ManMohan Singh declares that an enquiry is being ordered and if some one is found to be guilty, he will be punished.

He is an honorable Man.

If the Reports of the CAG are not reliable, dismantle it.
The Report.