We help you to consult and hire the best Supreme Court & High Court Banking Financial lawyers in Arunachal Pradesh. Use filters to narrow your search and find the best advocate in Arunachal Pradesh, whether its a family dispute or divorce lawyer, property lawyer, employment or labor court lawyer, criminal lawyer, recovery or cheque bounce lawyer, taxation or corporate lawyer, or a lawyer expert in any other field of law.
Connect with our Legal Experts for assistanceTalk to an expert
Broadly, there are two types of banks. The central bank issues currency and banknotes discharge treasury functions of the government and acts as the banker’s bank. Commercial banks include services like receiving and lending various types of loans and advances. It also performs some non-banking services like locker facilities, online payment of bills, advising on investments, and transfer of allotted funds.
What the law says
The RBI/Reserve Bank of arunachal pradesh supervises and is responsible for managing the operation of the arunachal pradeshn financial system. In addition to issuing regulations and guidelines for banking operations, it also administers the provisions of the RBI Act, BR Act, and Foreign Exchange Management Act.
The Consumer Protection Act od 1986 is the primary legislation governing disputes between consumers and service providers, The relationship between the bank and customer is regarded as that of service provider and customer.
A three-tier mechanism has been established to deal with complaints:
District forum: this operates at the district level with matters of value not exceeding 2 million rupees.
State commission: operates at the state level with matters of value between 2 million to 10 million rupees.
National commission operates at the national level with matters of value exceeding 10 million rupees.
In addition, banks are also subjected to the Banking Ombudsman Scheme for the purpose of adjudication of disputes between a bank and its customers.
How can we help?
Through lawtendo, you can hire a lawyer that best suits your interest. We make it easier for you to find a lawyer who is skilled and qualified so as to provide you with best legal services. For hiring a lawyer specialized in banking and financial matters, contact lawtendo today.
Victims of Banking financial
The person aggrieved from the service of a bank can approach the District forum or State Commision or National Commision , established under The Consumer Protection Act of 1986, apart from filing a civil suit.
Why do you need a lawyer
While you are great at doing your business, lawyers are good at theirs. They know law and thus while you do your business, they make sure that you are not met with any legal inaccuracies. They make your work easier and hassle-free in terms of legal facet
Why hire lawyer through lawtendo
Finding the correct lawyer by oneself is an exhausting process. But we at Lawtendo, having a network of 15000+ highly skilled lawyers, make sure that you are served with your best interests. Contact us today to find your lawyer.