18% decline in number of complaints against banks, says ombudsman
There has been a general decline in the number of complaints being reported to the Office of the Banking Ombudsman (OBO) here. The decline was not a secular trend but observed across the country at large, according to Mr FR Joseph, Banking Ombudsman ...
Read more on Hindu Business Line
US, Europe woes may take toll on banking, financial services and insurance ...
The banking, financial services and insurance (BFSI) sector is the largest consumer of Indian IT services, contributing almost 50% to the $ 60 billion IT exports market. Banks and insurance firms were among the earliest users of India's technology ...
Read more on Economic Times
New Fees, Lost Rewards: The Ever-Changing Banking Experience
By Simon Zhen Mon Sep 26, 2011 As Durbin's effective date draws closer, let's take a look at how consumer banking has changed in 2011, so far, and how the experience will change going forward. Starting this Saturday, October 1, the Durbin Amendment of ...
Read more on MyBankTracker.com
No Bailing on Basel
Bankers, directly and through their lobbyists, have been expressing outrage related to the Basel III rules designed to ensure the safety and soundness of the global banking system. A top spokesman at the American Bankers Association, for example, ...
Read more on Bank Technology News
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