RBI's FY25 report reveals a surge in complaints against private banks, highlighting ongoing consumer protection challenges.

The Reserve Bank reported a 13% increase in consumer complaints under the Ombudsman scheme for FY25, with a notable rise ...

Grievances against the banks comprised the largest portion, accounting for 81% of complaints received. This was followed by ...

Private sector banks, which now command roughly 40 per cent of India’s banking assets, have emerged as the biggest source for customer grievances — both in overall volume and particularly in the ...

Private banks drew more complaints than state-owned lenders for the first time in FY25, as overall grievances under RBI's ...

RBI’s CMS portal lets customers escalate unresolved bank complaints after 30 days. It offers a free, online mechanism to ...

Complaints to the RBI Ombudsman surged 13% in FY25, with notable grievances against private sector lenders and small finance ...

Complaints under the RBI's Integrated Ombudsman Scheme grew to 1.33 million in FY25, driven by grievances over loans, credit ...

Banking complaints saw a nearly 14% rise in the RBI Ombudsman Scheme, with loans making up 29% of it & private banks facing ...

Complaints under the Reserve Bank-Integrated Ombudsman Scheme (RB-IOS) rose 13.55% to 13.34 lakh in 2024-25, compared with 11 ...

Fraud remains the most common financial complaint in the Channel Islands, an independent ombudsman has reported. The Channel Islands Financial Ombudsman (CIFO) is an independent service which works to ...

RBI reports a 13% increase in Ombudsman complaints in FY25, with private banks seeing a surge in grievances. Loans & credit ...