What is the maximum award that can be imposed by the NBFC Ombudsman in India, as decided by the RBI?
The RBI has recently launched the Ombudsman Scheme for the NBFCs operating in India, under the Section 45L of the RBI Act 1934. The maximum award that can be passed by such an ombudsman will be Rs 10 lakhs whereas an appeal can be filed against the award within 30 days with a deputy governor of the RBI. There is no fee involved in filing a complaint with the NBFC Ombudsman.
What is a key goal of inventory management?
Why is effective delegation important for a manager?
Non-partisanship ensures that civil servants:
When a public servant accepts a gift from a vendor, what ethical principle is at risk?
According to the Expectancy Theory, what is a crucial factor influencing employee motivation?
According to Herzberg's Two-Factor Theory, what are hygiene factors?
What is an essential aspect of effective networking?
What ethical concern arises when a public servant engages in the unauthorized disclosure of classified information?
When a public official engages in favoritism in the allocation of public resources, which ethical principle is compromised?
Why is emotional intelligence considered crucial for leaders in civil services?
