India’s Reserve Bank has launched a unified, free ombudsman system to handle banking grievances, offering faster and more accessible dispute resolution for customers facing service issues since November 2021. If a bank does not settle a complaint within the prescribed…
Authorities in Dubai have issued a warning to residents about a surge in fake part-time job offers circulating on social media, which are exploited by scammers to launder stolen money through unwitting jobseekers. Dubai Police have warned residents to be…
Kupwara’s Consumer Disputes Redressal Commission has mandated Bajaj Allianz to pay close to Rs 10 lakh to a shop owner after ruling against the insurer’s refusal to honour a fire insurance claim, marking a series of recent judgments scrutinising insurer…
As Telegram’s popularity soars, scammers are increasingly using the platform for impersonation, investment fraud, and job scams, prompting calls for heightened user security measures amidst billion-dollar social media scam losses. Telegram has become a familiar place for private chats and…
After two decades, the Reserve Bank of India is set to reintroduce licences for new urban co-operative banks, but only for highly qualified applicants with robust financial and governance standards, marking a careful reboot of the sector. The Reserve Bank…
Managing a large debt burden requires clarity on what is owed and tailored strategies. From debt mapping to negotiating with lenders and building emergency funds, expert advice highlights practical steps to move from crisis to stability. A large debt burden…
A retired woman in Rajkot lost Rs 1.91 lakh in a refund scam linked to a spoilt milk delivery, highlighting a growing pattern of fraud targeting elderly women seeking refunds for online purchases across Indian cities. A 63-year-old retired woman…
A simple question reveals that understanding the distinction between being rich and wealthy can shape children’s future financial behaviour, focusing on long-term security over visible signs of affluence. A simple question can expose a surprisingly deep lesson about money: do…
Emerging research reveals that impulse purchasing is driven by emotion and retail design, with practical strategies to help consumers make more deliberate choices and reduce environmental impact. Impulse buying is rarely just about a weak moment in a shop. Research…
The PFRDA approves four additional pension funds, aiming to expand the National Pension Scheme’s reach to 40 crore subscribers through digitalisation and wider distribution networks, with conservative schemes delivering stable long-term returns. The Pension Fund Regulatory and Development Authority has…
