One Nation One Ombudsman Current Affairs, GK & News

PM launches two RBI initiatives for investors

Prime Minister Narendra Modi launched two customer-centric initiatives of the Reserve Bank of India (RBI) for investors on November 12, 2021. Key Points The two initiatives are- RBI Retail Direct Scheme and Reserve Bank – Integrated Ombudsman Scheme. With the launch of these scheme, India has opened up Government bond market for retails investors. Significance ..

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RBI to adopt “One Nation One Ombudsman” approach

The Reserve Bank of India (RBI) has announced that it will integrate the consumer grievances redressal under a single ombudsman as opposed to the three grievance redressal schemes working at present. Key facts Currently, there are dedicated ombudsman schemes for the consumer grievance redressal in the banking, non-bank finance companies and digital transactions. Now, the ..

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