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NCDRC Directs ICICI Bank To Pay 25 Lakhs Compensation Over Lost Property Documents - SCC Blog by anitarajivsharma045 is a document available to read on EtoBox.

The National Consumer Disputes Redressal Commission (NCDRC) has ordered ICICI Bank to pay Rs 25 lakhs in compensation for losing the original property documents of a complainant who had taken a housing loan. The Commission found the bank negligent in safeguarding the documents, which were lost during transit by a courier service, and emphasized that the issue was about compensating for the deficiency in service rather than the value of the property itself. Additionally, the bank is required to obtain certif

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