The Economic Times

Compensation of Rs 100 to Rs 5,000 per day for delay by bank in processing your request in these 5 situations

From stuck credit card closure requests to lost property papers, RBI rules require banks to pay you for every day they're late. A customer earlier this year won Rs 3.21 lakh for a delayed credit card closure. Here are 5 situations where the clock ticks in your favour, with compensation ranging from Rs 100 to Rs 5,000 a day.