Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Court criticizes banks for quick fraud labeling, advises Ambani to complain to RBI.

flag The Bombay High Court criticized banks for hastily labeling accounts as "fraud" or "defaulter" without proper evaluation, calling out the "cut, copy, paste" approach. flag The court advised industrialist Anil Ambani to file a complaint with the Reserve Bank of India (RBI) against Union Bank of India's fraud declaration on his account. flag The court emphasized banks must follow RBI guidelines and urged the RBI to implement stricter checks.

9 Articles