
Banking Central | When will banks start listening to the regulator and treat customers fairly?
Fairness in customer transactions is a virtue banks have ignored for long. Consumers cannot taken for granted
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I guess the prime reason is population.Yeh to hone se raha iss janam me banks se![]()
Banking Central | When will banks start listening to the regulator and treat customers fairly?
Fairness in customer transactions is a virtue banks have ignored for long. Consumers cannot taken for grantedwww.moneycontrol.com
elaborateI guess the prime reason is population.
Demand & supply.elaborate
keen to here your explaination behind this
But this policy has the potential to ruin the business.Demand & supply.
Ek jayega doosra aayega.
Second thing,they don't have any competition,
All has bad services.
The RBI and most other regulators/lawmakers have always created new regulations proactively. But, they don't really bother about the implementation aspect of it. Even if the RBI lays down such regulations, the banks will continue to defy them. The percentage of consumers who can go through the inconvenience of appealing to the RBI and other authorities is low. Unless the RBI mandates banks to compensate the consumers every time they dupe them, nothing is going to changeYeh to hone se raha iss janam me banks se![]()
Banking Central | When will banks start listening to the regulator and treat customers fairly?
Fairness in customer transactions is a virtue banks have ignored for long. Consumers cannot taken for grantedwww.moneycontrol.com
agreedThe RBI and most other regulators/lawmakers have always created new regulations proactively. But, they don't really bother about the implementation aspect of it. Even if the RBI lays down such regulations, the banks will continue to defy them. The percentage of consumers who can go through the inconvenience of appealing to the RBI and other authorities is low. Unless the RBI mandates banks to compensate the consumers every time they dupe them, nothing is going to change
demand badha to supply bhi to badha hai na not incrementally but proportiantelyDemand & supply.
Ek jayega doosra aayega.
Second thing,they don't have any competition,
All has bad services.
RBI imposes fines in crores but still banks don't abide.The RBI and most other regulators/lawmakers have always created new regulations proactively. But, they don't really bother about the implementation aspect of it. Even if the RBI lays down such regulations, the banks will continue to defy them. The percentage of consumers who can go through the inconvenience of appealing to the RBI and other authorities is low. Unless the RBI mandates banks to compensate the consumers every time they dupe them, nothing is going to change
because thats peanutes for themRBI imposes fines in crores but still banks don't abide.
Wo demand mein hain that's why they don't care about customer.demand badha to supply bhi to badha hai na not incrementally but proportiantely
trueWo demand mein hain that's why they don't care about customer.
Agar hum 140cr ki jagah 14cr hote to banks ko better services dene pdte in order to get business going. Abhi to bas Chale ja rha hai bina kucch kiye
Yes, one good player with good service link amazon(e-commerece) can bring these on kneestrue
and above that rbi isnt allowing newer privatr banks to set up shop
increasing concentration risk and pathetic customer servuce
Haha, if you are talking about Amazon US, I agree. Amazon India is like andhe me kaana raja.Yes, one good player with good service link amazon(e-commerece) can bring these on knees
bs is thereYes, one good player with good service link amazon(e-commerece) can bring these on knees
I never faced an issue,experience could be subjective in case of amazon.Haha, if you are talking about Amazon US, I agree. Amazon India is like andhe me kaana raja.
I have had my fair share of terrible experiences with Amazon India so, I don't really appreciate their customer support anymore
d
bs is there
best bank out there possibly
but it doesnt have network reach like other banks
also it want to cater only to wealth management and real wm not icici wala