Latest news with #KrishnaReddy
Time of India
2 days ago
- Business
- Time of India
Man loses Rs 52k due to typo in insurance payment: Consumer court finds both banks at fault; ordered to refund with 10% interest
I struggle to understand my online banking. The interface is confusing, and the insurance document is overwhelming. HYDERABAD: What began as a routine health insurance payment turned into a two-year battle for 69-year-old Vanga Krishna Reddy, involving two banks, an insurance firm, and eventually a consumer court. A single-digit error while transferring Rs 52,659 online for policy renewal in June 2023 led to the amount being transferred into a wrong account - and staying there. Krishna Reddy, a Peerzadiguda resident, used his bank's app to pay for his health insurance renewal three days before the deadline. In haste, he mistyped one digit of the beneficiary account number. The amount didn't reach the insurer. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad Realising the mistake, he immediately made a second payment with correct details to keep the policy active. But the first transaction of Rs 52,659 was lost in digital limbo. Krishna Reddy acted quickly and informed the bank. "They said they'd look into it. But after that, there was complete silence," he stated. His bank initially acknowledged the mistake and raised a chargeback with the receiving bank. But things stalled when the other bank replied: "Customer cannot be contacted for obtaining debit confirmation." Reddy approached the Ranga Reddy District Consumer Disputes Redressal Commission in May 2024. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Free P2,000 GCash eGift UnionBank Credit Card Apply Now Undo During hearings, his bank claimed it followed procedure and bore no fault. The other bank failed to appear. The commission ruled both banks guilty of service deficiency. It said even if the customer erred, banks are responsible for verifying mismatches between account numbers and beneficiary names. The two banks will jointly refund the 52,659 with 10% annual interest.
Time of India
3 days ago
- Business
- Time of India
Man loses money due to account number error, court orders banks to pay up
Hyderabad: What began as a routine health insurance payment turned into a two-year battle for 69-year-old Vanga Krishna Reddy, involving two banks, an insurance firm, and eventually a consumer court. A single-digit error while transferring Rs 52,659 online for policy renewal in June 2023 led to the amount vanishing into the wrong account — and staying there. Krishna Reddy, a Peerzadiguda resident, had used his bank's mobile app to pay for his health insurance renewal just three days before the deadline. In haste, he mistyped one digit of the beneficiary account number. Though the transaction showed as 'successful,' the funds didn't reach the insurer. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad Realising the mistake only after receiving no confirmation of renewal, he immediately made a second payment with correct details to keep the policy active. But the first transaction of Rs 52,659 was lost in digital limbo. Krishna Reddy acted quickly and informed the bank. 'They said they'd look into it. But after that, there was complete silence,' the complainant stated. His bank initially acknowledged the mistake and raised a chargeback with the receiving bank. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch CFD với công nghệ và tốc độ tốt hơn IC Markets Đăng ký Undo But things stalled when the other bank replied: 'Customer cannot be contacted for obtaining debit confirmation.' Left with no resolution, Krishna Reddy approached the Ranga Reddy District Consumer Disputes Redressal Commission in May 2024. During hearings, his bank claimed it followed procedure and bore no fault, having never received the money. The other bank failed to appear and was declared ex-parte. The commission ruled both banks guilty of service deficiency. It noted that even if the customer erred, banks are responsible for verifying mismatches between account numbers and beneficiary names — something neither did. The court observed that the banks showed apathy despite being alerted. This caused financial loss and mental agony, the court said and directed the two banks to jointly refund the Rs 52,659 with 10% annual interest, along with Rs 10,000 each towards compensation and legal expenses.
The Hindu
4 days ago
- General
- The Hindu
Revised hall tickets released for Andhra Pradesh DSC exams scheduled on July 1 and 2
The Samagra Shiksha has made available from Wednesday (June 25, 2025) information on revised examination centers and updated hall tickets pertaining to DSC-2025 recruitment examinations which were initially scheduled for June 20 and 21, on its official website In a statement, DSC-2025 Convener M.V. Krishna Reddy said to avoid any possible travel inconvenience on account of the International Yoga Day celebrations to the candidates writing DSC exams, the tests which were initially scheduled for June 20 and 21 were postponed to July 1 and 2, 2025. Mr. Reddy advised the candidates to download their new hall tickets, check the exam centers and confirm them without fail before attending the exam.
Time of India
19-06-2025
- Health
- Time of India
State sees rise in yoga education and career opportunities
1 2 Vijayawada: With the state govt actively promoting yoga through 'Yogandhra' campaign, there has been a notable surge in interest in yoga education and related career opportunities across the state. The month-long yoga programmes being held in connection with the International Yoga Day have sparked a new wave of enthusiasm, especially among youth and health-conscious individuals. As yoga gains global recognition not just as a wellness practice but also as a career path, more people are seeking formal training and certification. Even seasoned yoga practitioners, many of whom have been informally teaching or practicing for years, are now looking to obtain recognized certifications from accredited universities and institutions. The reason is growing international demand—especially from countries where online yoga classes are booming. Foreign students and yoga platforms are increasingly evaluating the educational qualifications of yoga instructors before signing up or hiring them. Institutions offering courses are on high demand. PB Siddhartha College in the city affiliated to Krishna University is offering a Diploma in Yoga Education, a course that has seen consistently good enrollment over the past two years. However, academy sources report that demand has risen significantly this year, largely due to the govt-led awareness campaigns and large-scale yoga events under Yogandhra 2025. "Demand for Yoga courses is increasing every year. Many students are enrolling with the aim of pursuing careers in health and wellness or teaching yoga abroad. They now understand the value of certified training. We are offering a 10-month long programme in two semesters covering vast topics in yoga. Many senior yoga teachers are making a beeline to enroll in this course and we made attendance mandatory for everyone ," said Dr Krishna Reddy, physical director of Siddhartha Academy. Reddy added that many students who passed the diploma secured good jobs and many corporate companies are offering campus placements to our students. Key Highlights (GFX): Surge in demand Diploma and PG courses in yoga see high enrollment Global learners seek qualified, certified yoga instructors Even seasoned practitioners are pursuing courses for formal certification Diploma in Yoga course offered by PB Siddhartha College is enrolling 50 students every year Acharya Nagarjuna University in Guntur is offering Masters and diploma courses in Yoga Yoga Andhra campaign boosts interest and awareness
Mint
18-06-2025
- General
- Mint
AP DSC 2025: Response sheets to be OUT soon today for 16,437 teacher vacancies; check details
AP DSC 2025: The response sheets for District Selection Committee examination (DSC) 2025 will be out soon today on June 18 by the Andhra Pradesh School Education Department, according to reports. The exam is being held to recruit 16, 437 teacher posts across the state. The response sheets will be released across different categories such as TGT (Trained Graduate Teacher), PGT (Post Graduate Teacher), School Assistant Math, Special Education Posts, Non-Language Subjects. Candidates can view their response sheets online and flag objections if any by June 24 through the official AP DSC website. They are advised to check it carefully and send their objections within the given time period. In light of the State government's decision to celebrate International Yoga Day on June 21 in a grand and prestigious manner, the dates for the DSC exams originally planned for June 20 and 21 have been revised. This announcement was made by Mega DSC–2025 Convenor M.V. Krishna Reddy in a statement issued on Saturday, reports said. He explained that the rescheduling was done to prevent any inconvenience to candidates, as the Yoga Day celebrations could potentially cause travel disruptions. The exams for these candidates have been rescheduled to July 1 and 2. Updated hall tickets, showing the new exam dates and centres, will be available on the official AP MEGA DSC–2025 website ( starting June 25, 2025. The DSC exam for the post of School Assistants in Social Studies, conducted on Monday, recorded an overall attendance of 95.11% across Andhra Pradesh. In a statement released the same day, Mega DSC–2025 Convenor Reddy stated that out of 38,243 registered candidates, 36,372 appeared for the exam. The test was conducted at 227 centres statewide. Anantapur district reported the highest attendance in the morning session with 97.84%, while Chittoor district recorded the highest in the afternoon session at 97.98%.
