Sbi contempt the orders of banking ombudsman and not paid compensation.
Vidur Mohan Mudgil
(Querist) 13 January 2013
This query is : Resolved
State Bank of India kept my money in (Amount Rs.5000/-) in his unauthorized possession from 18/04/2012 to 25/08/2012 i.e 129 days. I several times written to SBI and finally lodge complaint to Banking Ombudsman, Kanpur vide complaint No.201213011000191 on Dt.12/07/2012. Banking Ombudsman found my complaint genuine. So he decide the matter in my favour vide letter No. KAN-BOS/25.20.000191/12-13 DT.17/08/2012. Banking Ombudsman ordered to SBI to pay compensation .But SBI contempt the orders of Banking Ombudsman and not paid compensation.
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