The RBI’s Integrated Ombudsman Scheme received over 13.3 lakh consumer complaints in FY 2024-2025, a 13.5% increase from the previous year. These complaints were mainly related to digital banking, credit card, and cyber-fraud cases. As a result, the Supreme Court classified banking negligence and delayed refunds as a “deficiency of service.” Thousands of victims continue to face protracted delays and procedural hurdles, despite the availability of digital grievance portals. T