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FINANCIAL REDRESSAL AGENCY
Harassed by loan recovery agents? Know your legal rights and 6 steps to fight backBorrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...- Centre notifies draft rules for VB-GRAM G Act, 2025; invites public consultation ahead of July 1 rolloutThe Centre has released draft rules for the VB-GRAM G Act, 2025. Public consultation is now open for feedback. This is a crucial step befor...
- Donald Trump settles tax case, unlocks 'forever immunity' clauseThe US government has dropped all tax claims against Donald Trump, his sons, and the Trump Organization. This move is part of a settlement ...
- TCS declares Nashik WFH; Wipro Q4 resultsTata Consultancy Services has moved staff to work from home amid an ongoing investigation at its Nashik office. This and more in today’s ET...
- Liquidity unlocked, access denied: With rating rules, how TReDS leaves most MSMEs behindDespite the government’s TReDS push, experts say the RBI’s move to ease onboarding lacks clarity as credit ratings continue to be a key bot...
- Delhi parents get relief: Schools warned against forcing book & uniform purchases. Action if violatedDelhi government has directed private schools to stop forcing parents to buy books, uniforms, and other materials from specific vendors. Pa...
- MahaRERA asks realty developers to set up redressal cells for homebuyers’ issuesThese cells for the developers’ projects are expected to have at least one grievance redressal officer. The regulator has highlighted that ...
- Govt may announce FRA in Budget, forum to deal with plaints of all financial services providersIndia’s existing consumer redressal system is fragmented and overseen by sectoral regulators such as the Reserve Bank of India (RBI) for ba...
- Sebi invites application to process, maintain investor complaintsThe regulator, in a notice, invited applications "in prescribed format for pre-qualification of agencies for processing and maintenance of ...
- Sebi invites applications from agencies to process, maintain investor complaintsSCORES is a web-based and centralised grievance system developed by the markets watchdog.
- Govt mulls unified body for grievances redressal in financial sectorCurrently, there are separate grievance redressal mechanism for insurance, banking services, pension and securities market.
- Government begins work to set up Financial Redress AgencyFinMin has begun preparatory work for establishing FRA and task force is being set up with an objective of supporting Ministry in creation ...
- Budget 2015: Financial Code to be introduced in Parliament soon, says FM JaitleyThe code focuses on the formal process through which the legislative, executive and judicial functions take place in financial regulators.
- Budget 2015: Unified grievance redressal agency on the anvilAs part of budget proposals, Jaitley announced the setting up of a Task Force for establishing a “sector-neutral” Financial Redressal Agenc...
- Form unified agency to redress all financial complaints: RBIThe government should form a unified financial redress agency to resolve customer grievances relating to financial products, an RBI committ...
- Unified financial redress agency to redress all financial complaints: RBIThe government should form a unified FRA to resolve customer grievances relating to financial products and services, an RBI committee said.
- RBI, Sebi oppose key suggestions to amend financial sector lawsRegulators say there will be major uncertainties in policy making if all rules passed by them were to be challenged.
- Government invites comments on FSLRC from stakeholders by July 15Former Finance Minister Pranab Mukherjee had announced the setting-up of the FSLRC during his Budget speech of 2011-2012.
- 'Any decision on common finance regulator only after FSLRC report'While the stock market is regulated by Sebi, the commodities market by FMC, insurance sector is regulated by IRDA, while PFRDA manages pens...
- Common financial regulatory platform is fine, but why keep banks out?Banks’ non-banking financial product bizs & their consumer redressal must be brought into an independent agency right away.
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