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Like any other Reliance group company for consumer services, Reliance Money has an extremely poor IT Infrastructure which put clients to a Big Loss.
Some of the well known problems with Reliance Money Online Share Trading System are as follows,
1. Ticker on Reliance Money Online Portal doesn't show curent prices but outdated.
2. Figures in cash ledger balance don't match the number on contract note
3. Extremely poor customer care
What I wonder is how come portals such as ICICI Direct, reliance Money have been given permission from the SEBI when they are not at all compliant with SEBI regulations and are taking innocent Indian Investors for a ride. Is someone from SEBI reading this complaint ????
For more woes on Reliance Money, read the Outlook Money dated, 19 Nov.
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Comments
I can only guess Kumar, but I
I can only guess Kumar, but I think the company's trying to cut costs within their ranks. These are serious problems on their part and must be addressed ASAP. We all know what happens if they fail at that.
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