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INDBANK MERCHANT BANKING SERVICES LTD Complaints

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Complaint against INDBANK MERCHANT BANKING SERVICES LTD Broker

INDBANK MERCHANT BANKING SERVICES LTD brokerage complaints report provide detail about the number of complaints received by the stock exchanges from the INDBANK MERCHANT BANKING SERVICES LTD customers. The INDBANK MERCHANT BANKING SERVICES LTD complaints report analyzes the INDBANK MERCHANT BANKING SERVICES LTD online complaint data provided by BSE and NSE. This report shows the health of the broker.

These complaints are serious grievances against INDBANK MERCHANT BANKING SERVICES LTD broker which the broker and customer failed to resolve. The customer then filed these legal complaints with the stock exchange.

The INDBANK MERCHANT BANKING SERVICES LTD complaint no. report also provides INDBANK MERCHANT BANKING SERVICES LTD’s number of active clients. This shows the growth of the broker year on year.

INDBANK MERCHANT BANKING SERVICES LTD Complaints

Exchange	Financial Year	Total Complaints	Active Clients
NSE	2022-23	2	13,556
NSE	2021-22	5	8,972
NSE	2020-21	3	8,089
NSE	2019-20	1	6,544
NSE	2017-18	5	7,144
NSE	2016-17	1	6,096
NSE	2015-16	2	5,457
NSE	2014-15	4	6,152
NSE	2013-14	1	5,157
NSE	2012-13	6	17,735
BSE	2011-12	1	6,715
NSE	2011-12	4	15,097

INDBANK MERCHANT BANKING SERVICES LTD complaint at NSE

	2022-23	2021-22	2020-21
Active Clients	13556	8972	8089
Complaints	2	5	3
Resolved through the exchange	1	4	2
Non actionable	1	1	0
Advised / Opted for arbitration	0	0	0
Pending for redressal with exchange	0	0	1
No. of arbitration filed by clients
Decided by arbitrators in favour of the clients
Decided by the arbitrators
Pending for redressal with arbitrators

INDBANK MERCHANT BANKING SERVICES LTD complaint at BSE

	2011-12
Active Clients	6715
Complaints	1
Resolved through the exchange
Non actionable
Advised / Opted for arbitration
Pending for redressal with exchange
No. of arbitration filed by clients
Decided by arbitrators in favour of the clients
Decided by the arbitrators
Pending for redressal with arbitrators

Note:

* Including against its sub brokers, authorised persons, employees, etc.
** Non actionable means the complaint that are incomplete / outside the scope of the Stock Exchange

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