NCDRC Pulls Up Kotak Mahindra Bank
  • Nikita Setia
  • Jul 23 2013

A recent consumer court ruling offers respite to those whose banks have unduly debited their account because they failed to pay EMIs on time. The Apex Consumer Commission has pulled up Kotak Mahindra Bank for deducting monthly installments from its customers’ account without prior notice and directed it to pay up nearly Rs.40,000 to the aggrieved customer.