Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Axis Bank ordered to pay ₹10,000 for failed ₹5,000 ATM transaction
short by Anushka Singh / on Sunday, 15 March, 2026
A Nagpur consumer disputes redressal commission directed Axis Bank to pay a compensation of ₹10,000 to a customer over a failed ATM transaction that was carried out in 2018. The customer claimed ₹5,000 was debited from his account, while the ATM failed to disburse cash. The commission found that the bank didn't take the complaint "seriously", calling it "false".
read more at ThePrint