US EditionPublished • loading... • Updated
RBI to give more powers to Internal Ombudsman of banks to protect consumers
Summary by Sambad English
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.1 Articles
1 Articles
RBI to give more powers to Internal Ombudsman of banks to protect consumers
Mumbai: Reserve Bank Governor Sanjay Malhotra announced on Wednesday that in order to enhance consumer protection, the RBI has decided to equip Internal Ombudsman (IO) of banks with compensation powers and allow them access to the complainant, aligning the role of IOs more closely with that of the RBI Ombudsman. The Reserve Bank has institutionalised the Internal Ombudsman (IO) mechanism in select Regulated Entities (REs) such as banks and NBFC…
Coverage Details
Total News Sources1
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
