rbi

I am planning to file a complaint with the RBI Ombudsman regarding an issue I faced with OneCard. However, while filling out the complaint form, I couldn't find the exact entity name for OneCard to enter in the 'Entity Name' field.

I saw a post of IDFC bank stock price which has been fallen ~ -29% in last 1 year. Apparently the bank had disappointing last two quarters. How do I get assurance that depositing money in IDFC or in any other bank is safe or not? The DIGC insures amount only up to 5L only. Where do people with...

I registered a complaint on RBI BO almost a month ago and I have not received any communication or status update since then. The Status hasn't changed as shown in the image. While I see people complaining on RBI BO and receiving updates from banks within a few days/weeks. For me, it's dead...

I applied for AU ixigo credit card but they rejected after collecting all the information in the application. When I mailed them, they provided reason as high number of active cards. I came across following reddit thread: where OP mentions that his card was rejected due to the same reason but...

1. The Issue : We are aware of the Rewards Multiplier feature of Amex where we get 5x points on the listed merchants after 120-150 days from the date of transaction. My story is using the reward multiplier at the Tanishq website to purchase Digital Gold. I went through the T&C of rewards...

Hi Guy's, seeking advice from you guy's, I have sent a mail to OneCard Helpdesk and nodal & Grievance on 20 Dec 2024, 9:51 pm. This is what I written "Dear OneCard Help Team, I am again writing to request a conversion of my secured OneCard Ending with 5710(issued on the basis of a fixed deposit...

The Reserve Bank of India (RBI) has introduced a new Master Direction titled "Credit Information Reporting by Credit Institutions" (Circular: RBI/DoR/2024-25/125 DoR.FIN.REC.No.55/20.16.056/2024-25 Dated: January 06, 2025) These measures aim to enhance transparency, data accuracy, and customer...

RBL was offering Shoprite credit card as LTF for those who applied through Paytm. By seeing that offer i applied for RBL shoprite credit card through paytm on July 2024. The official website where i submitted the application clearly mentioned that it's an LTF card. But after card approval i...

No response from RBI Ombudsman for complaint pending against Hero Fincorp.

Hello all, Sharing here the instance where i got a compensation of 50K from Idfc first bank for credit card misselling. Here is the timeline -- I needed the Wealth Credit Card as it was being issued LTF. I tried applying for it three times in the first half of the year, but I had no luck. I...

in early 2023 or late 2022 I got FK axis card & later around oct 2023 I closed it because I was not using it that much. now in 2024 NEO card was being offered as LTF so I got that to take benefit of zomato offers, but when I tried to log in to internet banking & to Axis bank app I was not able...

My requests would be: 1. Introduce CIBIL freeze/lock option like USA 2. Introduce Pro-rata refund of joining/annual fees if cc gets devalued and user opts to close the card. 3. Introduce deadline to close complaints made to Ombudsman. Feel free to add urs........

They denied to give ₹750 Lifestyle welcome voucher as part of BOB VISA Sapphire debit card. Escalated to RBI Ombudsman a week ago. Yesterday received ₹750 Lifestyle welcome voucher. Today received PIN. Power of RBI Ombudsman. :mandancing:

Hi members, On 4 December 2022 I booked an FD with SBM to get FD backed Paisabazar Rupay credit card. One year later, on January 2024 I received SMS that credit card has been closed due to non-usage. There was no prior intimation in non-compliance to RBI, escalated, got to RBI BO, got...

Update - The beneficiary (AC technician) came to my house. He gave me his mobile and i installed and activated mobile banking on his phone. Downloaded the statement and the amount was credited just like @VISHESH_BANSAL had told, under a different name. I showed him the reference number of my txn...

The Reserve Bank of India has canceled the license of The Durga Co-operative Urban Bank, based in Vijayawada, Andhra Pradesh, due to inadequate capital and earning prospects. The bank will cease operations on November 12, 2024.

Hello On 11 October 24 I had paid credit card bill through mobikwik pocket UPI and the transaction was successful from mobikwik s end and money got debited from wallet but I received a message from they your payment has failed it would be refunded within 5 days . But after 5 days it was not...

Hi Guys As we all know Axis rewards portal had an issue during January of this year. where all the reward point transactions were reversed. Now they credited back around 11th of March. I noticed not all the reversed points were credited back. I am fighting with axis since end of August on...

Hello Technofino community members, I'm reaching out to inform you about a complaint I filed today against Transactree Technologies Private Limited. On October 2nd, I discovered an unauthorized loan appearing on my CIBIL report—a loan I never took. I immediately contacted Transactree via...

According to RBI guidelines, if a bank wishes to make changes to a credit card’s benefits or terms and conditions, the issuer must provide a one-month advance notice to all customers of the specific product. If a customer doesn’t respond, the bank may consider this as consent to continue using...