NEWS & ADVICE : CREDIT CARDS
Hike in E-banking complaints
By Ankit Sharma
Aug 28, 2014
Print    Email    RSS   

It has been observed that the complaints regarding online banking frauds is rapidly increasing. According to the banking Ombudsman in 2013-14, the major number of the complaints received were regarding ATM and debit cards.

Last Day in a conference, Krishna Mohan stated that number of complaints have increased by 4 per cent at 4,477 in the two states. The apex bank has asked the banks to monitor and keep a check on the online banking transactions and aware people to be cautious while making online transactions. Heedlessness of the customers while using the credit cards is a major reason of increase in frauds.

Number of complaints regarding the charges and confusion over fixed and floating rates of interest was also received. State bank of India is having the largest share in the number of complaints. 44% complaints were from SBI and its associate banks.


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Are cash-back credit cards a real good deal?
Free insurance policies with credit cards
Credit card finance charges in India: A...
Rupeetimes guide to different types of...
Travel Credit Cards in India: A Comparison


I want to get my credit card statements for the...
sir my name is sunil kumar i want to change my old...
Radhey@09646870399 @Escoℛts In#Chandigarh...
Radhey@09646870399 @Escoℛt In#Chandigarh...
Radhey@09646870399 @Call#Giℛls In#Chandigarh...

NEWS THIS WEEK
91st Founders day of the Karnataka Bank Feb 18, 2015
Banks on strike from 25th February Feb 16, 2015
SBT bank postponed the Open House meet Feb 13, 2015
Yes bank planning to line up for credit card portfolio Feb 12, 2015
Pocket banking – new app by ICICI bank Feb 11, 2015
News Archive