Select NBFCs to now have internal ombudsman on lines of banks: Shaktikanta Das

Select NBFCs to now have internal ombudsman on lines of banks: Shaktikanta Das

Select NBFCs to now have internal ombudsman on lines of banks: Shaktikanta DasOct 8, 2021, 12:47 PM IST

The IOS will be on the lines of a similar system adopted at banks and will redress grievances related to deficiencies in service, Governor Shaktikanta Das said, announcing the new measure in the statement on regulatory policies along with the bi-monthly review of the monetary policy.

RBI increases IMPS limit to Rs 5 lakh from Rs 2 lakh earlierOct 8, 2021, 12:36 PM IST

RBI Governor Shaktikanta Das announced that the increased limit for the digital payment mode used for making immediate transfer of money will make it convenient for consumers to tansfer higher sums.

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