State Bank of India
Financial Ombudsman decision DRN3951403 Upheld
Upheldoutcome, as published by the Ombudsman
£125redress stated in the decision
Tue Mar 29deadline to accept (not the decision date)
The Ombudsman does not print a decision date. The date above is the deadline the consumer was given to accept or reject the decision, which is set about a month after it was issued. It is reliable to the year, not to the month.
What this decision was about
Interest and rates, Complaint handling
In the Ombudsman’s words
SBI promised that it would renew Account A at a better rate than the 1.5% advertisedInterest and rates
SBI’s customer service could certainly have been betterComplaint handling
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN3951403.pdf on financial-ombudsman.org.uk.
The outcome shown is the Ombudsman’s own published classification, not our reading of the text. Nothing here is legal advice, and a decision concerns only the complaint it was made about.