Start learning 50% faster. Sign in now
The Reserve Bank-Integrated Ombudsman Scheme (RB-IOS) 2021, covers Regulated Entities (REs) such as scheduled commercial banks including urban cooperative banks, non-banking financial companies (NBFCs) and non-scheduled primary co-operative banks with a deposit size of ₹50 crore and above. In order to make the RB-IOS more broad based, it has been decided to bring Credit Information Companies (CICs) also under the ambit of RB-IOS 2021. This will provide a cost free alternate redress mechanism to customers of REs for grievances against CICs. Further, with a view to strengthen the internal grievance redress of the CICs and to make it more efficient, it has also been decided to bring the CICs under the Internal Ombudsman (IO) framework
What is the new name for the Public Tech Platform for Frictionless Credit (PTPFC) launched by RBI?
State Bank of India (SBI), has floated a green rupee term-deposit scheme to raise money for financing environment-friendly projects. Which of the follow...
Exercise MALABAR 2024 is a significant maritime engagement under the Eastern Naval Command. Which countries participate in this exercise?
What is the primary aim of the Periyar memorial renovation in Vaikom?
Who was the first Indian male wrestler to win an MMA fight?
Which of the following information is/are correct with respect to the funding capacity of the ADB?
I.The Asian Development Bank (ADB) has approve...
________ collaborated with Global Trade Plaza to simplify cross-border payments for Indian exporters & aims to facilitate international trade promotion ...
The Hurun list's ranking of Mumbai over Beijing as Asia's billionaire capital primarily reflects what aspect of India's economy?
1st Incredible India International Cruise Conference-2022 will be hosted by which state?
Smart Saathi, it is a digital distribution platform that leverages technology and brings in ease for business correspondents and agents can deliver a ho...