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Raghav Chadha Demands Banking Reforms Over Public Concerns

By Emaad Makhdoomi March 26, 2025 account statements ATM fees banking modernization banking reforms Consumer Protection customer trust cyber fraud cyber security data breaches data privacy declining efficiency digital finance digital fraud financial product mis-selling government banks government-run banks hidden fees minimum balance penalties outdated banking practices poor customer service public concerns raghav chadha SMS alerts state-owned banks subpar banking services systemic failures telemarketers transparency trust in banking unauthorized data sharing unethical financial products unjustified charges UPI payments

NEW DELHI: Member of Parliament Rajya Sabha Raghav Chadha strongly criticized the declining efficiency of state-owned banks, warning that eroding trust in the banking system…

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