Liability Framework Current Affairs - 2020

RBI to introduce Ombudsman Scheme for Digital Transactions

Reserve Bank of India (RBI) has announced to introduce ‘Ombudsman Scheme for Digital Transactions’ to provide cost-free mechanism to redress grievances of customers related to digital transactions. The scheme will be notified by end of January 2019. It will cover services provided by entities falling under RBI’s regulatory jurisdiction. The scheme is being implemented taking Read More…