# The Maharashtra State Consumer Disputes Redressal Commission has firmly criticized Standard Chartered Bank.

*fintech · news · 2026-04-06 · Devdiscourse*

## Key points

- Standard Chartered Bank charged interest on funds that were never disbursed to the customer.
- The Maharashtra SCDRC labeled the bank's actions as 'unfair trade practices' and 'deficient service.'
- The SCDRC upheld a 2018 district ruling requiring the bank to refund fees and interest charges.
- The bank was also ordered to compensate the customer for mental suffering caused by its actions.

**Companies:** Standard Chartered Bank
**Countries:** India

[Read the full story on Devdiscourse](https://www.devdiscourse.com/article/law-order/3864010-maharashtra-consumer-commission-holds-standard-chartered-to-account-for-unfair-practices)

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