For example, the State Bank of India (SBI) IFSC code SBIN0001707 refers to the SBI Parliament Street branch, New Delhi. Here, the four alphabets ‘SBIN’ represents the bank code, ‘0’ is a control ...
The Code of Banking Practice, which lays down the minimum service standards you can expect from your bank, is full of holes. Neville Melville, the Ombudsman for Banking Services, highlighted several ...