News From Press De-jargoned: Ombudsman for NBFCs

De-jargoned: Ombudsman for NBFCs

Source: Mint Feb 12, 2018

The Reserve Bank of India (RBI) has announced plans to introduce an ombudsman scheme for customers of non-banking finance companies (NBFCs). The ombudsman will first be introduced for the deposit-taking NBFCs.

The announcement

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