logo
PNB doesn't reverse failed ATM payment, penalised

PNB doesn't reverse failed ATM payment, penalised

Time of India19-05-2025

Chandigarh: The UT district
consumer disputes redressal
commission has penalised PNB, Sec 28-C, for not reversing the amount of a failed ATM transaction to a customer.
It has ordered PNB to reverse the amount — Rs 7,000 — to the complainant's account, along with interest at the rate of 9% per annum with effect from Aug 12, 2023 (i.e.
the date of the transaction) until the date of its actual realisation.
The commission has also directed the bank to pay Rs 10,000 to the complainant as compensation for the harassment caused, as well as litigation expenses.
"Once the complainant specifically lodged a complaint regarding the non-dispensing of the cash by the PNB ATM, it was incumbent upon the bank to produce on record some cogent evidence in the shape of CCTV footage, electronic journal log, etc., to prove that the said amount was actually dispensed and collected by the complainant from the ATM kiosk."
The complainant, Prem Singh, 53, is from the same sector where the bank is. tnn

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Police intercept mini trucks carrying suspicious powder from pharmaceutical company in Chhatrapati Sambhajinagar
Police intercept mini trucks carrying suspicious powder from pharmaceutical company in Chhatrapati Sambhajinagar

Time of India

time19 minutes ago

  • Time of India

Police intercept mini trucks carrying suspicious powder from pharmaceutical company in Chhatrapati Sambhajinagar

Chhatrapati Sambhajinagar: The anti-narcotics squad of Chhatrapati Sambhajinagar city police intercepted two mini trucks on Saturday carrying suspicious powder concealed within plastic scrap obtained from a pharmaceutical company by a scrap vendor. Police commissioner Pravin Pawar said, "The presence of white powder and small granule-like substances randomly placed in carry bags and stashed in plastic drums has heightened suspicions." Police officers said that no chemical, in any form, can leave the pharmaceutical company without prior clearance from the appropriate channels. Police authorities reported that the intercepted vehicles had left a global generic and speciality pharmaceutical company's manufacturing unit in the MIDC Waluj area. Anti-narcotics squad inspector Geeta Bagwade stated, "There were indications of smuggling and transporting suspicious drug-like substances from a pharmaceutical company located in the MIDC Waluj area. Accordingly, our teams set up a trap and seized the two mini trucks." The officer said the driver failed to provide details or satisfactory answers regarding the powder. Police sources said, given the case's gravity, forensic teams have been requested to expedite testing and analysis to determine the composition of the seized white powder. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Ask A Pro: "I'm 70 with $1.4M in IRAs. Should I convert $120K/Year to a Roth?" SmartAsset Undo In Oct 2023, the MIDC Waluj industrial area made headlines after Directorate of Revenue Intelligence (DRI) teams from Gujarat, Mumbai, and Pune, assisted by the Ahmedabad crime branch, raided an industrial unit and seized narcotics valued at Rs 250 crore.

Crusher co fined 16cr for illegal murrum mining
Crusher co fined 16cr for illegal murrum mining

Time of India

time19 minutes ago

  • Time of India

Crusher co fined 16cr for illegal murrum mining

Indore: In a significant crackdown on illegal mining activities, Indore district administration on Saturday imposed a hefty fine exceeding Rs 16.64 crore on Yogesh Patidar, a partner in M/s Balaji Stone Crusher and Earth Movers. The penalty was levied after the company was found to be engaged in unauthorised excavation of murrum (gravel) in Dr Ambedkar Nagar (Mhow) tehsil area. According to the order passed by Indore ADM's court, it was established that the respondent, Yogesh s/o Ramgopal Patidar, illegally excavated murrum from Ambachandan village. This excavation occurred despite the approved mining lease being specifically for stone (gravel) and not murrum. Furthermore, the investigation revealed that the mining operations were conducted without valid authorisation and without the necessary transit passes for mineral transportation, as mandated by the approved orders and rules. It was also found that M/s Balaji Stone Crusher and Earth Movers, through its partner Yogesh Patidar, failed to obtain the required environmental clearance from either the District Level Environment Impact Assessment Authority (DEIAA) or the State Level Environment Impact Assessment Authority (SEIAA), Madhya Pradesh, Bhopal, before commencing mining activities.

Fly ash brick prices up due to raw material costs
Fly ash brick prices up due to raw material costs

Time of India

time20 minutes ago

  • Time of India

Fly ash brick prices up due to raw material costs

Indore: A significant increase in raw material costs led to a price hike of 0.50 paise per piece in fly ash bricks across Indore, lifting the overall building costs for homeowners and construction companies. The surge primarily stems from the rising costs of stone crusher dust and other essential materials used in the manufacturing process. The revised cost of fly ash bricks in Indore is Rs 6.50 per piece. Now the cost of a small truckload carrying 2,000 flyash bricks will be dearer by Rs 1,000. Vijay Gandhi, a builder and member of Confederation of Real Estate Developers' Associations of India (CREDAI), Indore said, "Any jump in the input cost directly impacts the building cost. In Indore fly ash is used in around 30-40 per cent projects and red bricks are used widely in Indore due to its easy availability." The robust manufacturing base has established Indore as a significant hub for fly ash brick production in the region. According to industry data, Indore's fly ash brick manufacturing units produce approximately 20 lakh pieces daily. The majority of this production serves the local market, with most supplies being consumed within the city and a 20-kilometre radius. Abhishek Purohit, vice president, Fly Ash Brick Manufacturers Cooperative Society Ltd, said, "The association members unanimously decided in a meeting that due to the rising costs of gravel and stone crusher dust used in the production of fly ash bricks, the price per brick will be increased by 0.50 paise. These revised rates will be implemented immediately." The city hosts over 200 fly ash brick manufacturers, forming a substantial industrial segment. These units collectively require around 6,000 tonnes of fly ash per day to maintain their production levels. Industry experts suggest that this price increase could impact ongoing and planned construction projects in the area. Small-scale builders and individual homeowners might need to revise their budgets to accommodate these higher material costs. "Local manufacturers are working to maintain steady production levels while managing increased operational costs, but this has resulted in squeezed margins. Fly ash bricks offer an eco-friendly alternative to traditional clay bricks, and despite the price increase, these bricks remain an essential building material," said Gaurav Mohta, president, of the association. Fly ash manufacturers highlighted challenges related to logistics and timely transportation of fly ash to end-users.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store