KARACHI: The Banking Mohtasib has granted monetary relief of Rs681 million to the customers by disposing of 12,568 complaints during the first half of 2024, said a press release issued on Monday.

During the same period last year, relief of approximately Rs539.7m was provided to the banking customers by disposing of over 12,000 complaints.

During the current year, about 96 per cent complaints were resolved amicably while only 4pc complaints were required resolution through hearings.

Despite new measures announced by the State Bank, there was not let-up in the number of complaints being lodged against commercial banks, it added.

Published in Dawn, July 23rd, 2024

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Furtive measures
Updated 07 Sep, 2024

Furtive measures

The entire electoral exercise has become riddled with controversy, yet ECP seems unwilling to address the lingering questions about the polls.
PCB hot seat
Updated 07 Sep, 2024

PCB hot seat

MOHSIN Naqvi is facing criticism from all quarters. Pakistan’s cricket board chief, who is also the country’s...
Rapes most foul
07 Sep, 2024

Rapes most foul

UNTIL the full force of the law is applied on perpetrators, insecurity will stalk Pakistan’s girl children and...
Positive overtures
Updated 06 Sep, 2024

Positive overtures

It is hoped politicians refusing to frame Balochistan’s problems in black and white is taken as a positive overture by the province's people.
Capital poll delay
06 Sep, 2024

Capital poll delay

THE ECP has cancelled the local government elections in Islamabad for the third time subsequent to a recent ...
Perks galore
06 Sep, 2024

Perks galore

A parasitic bureaucracy still upholds colonial customs whereby a struggling citizenry and flood victims are subservient to status.