Enhancing Consumer Protection through the Banking Ombudsman Scheme: Current Contributions and Future Directions
The Banking Ombudsman Scheme, established by the Reserve Bank of India (RBI), is a critical mechanism for resolving customer complaints against banks. This paper aims to delve into how the scheme cont...
Enhancing the Effectiveness of RBI's Customer Rights Charter
The Reserve Bank of India's (RBI) Charter of Customer Rights marks a significant step towards protecting consumers in the Indian financial sector. However, while the charter lays a solid foundatio...